A loan payment of
$1700.00
was due
20
days ago and another payment of
$900.00
is due
70
days from now. What single payment
130
days from now will pay off the two obligations if interest is to be
9%
and the agreed focal date is
130
days from now? The value of the payment is
$.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
ANSWER
A loan payment of $1700.00 was due 20 days ago and another payment of $900.00 is...
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