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You were expecting debt payments of $600 due 5 months ago and $400 in 3 months...

You were expecting debt payments of $600 due 5 months ago and $400 in 3 months from now. What single payment would you accept today for full repayment with interest allowed at 10%. if the focal point is today?
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Answer #1

Logic used: at amount 3 months (no intrest after h substract the intrest that was. used, 5 months focal point $700 focal poin

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