Solution: x = $18,442
Working:
15,000 = 2000 + [2000(P/A,15%,3)] + 1000 [(P/A,15%,3)(P/F,15%,3)] + x (P/F,15%,7)
15,000 = 2000 + (2000 * 2.2832) + (1000 * 2.2832 * 0.6575) + ( x * 0.3759)
$18,442 = x
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