Jared was supposed to make a payment of 2 000 in 2 years and

Last updated: 4/8/2023

Jared was supposed to make a payment of 2 000 in 2 years and another payment for 900 in 4 years to Loon Company as part of a payment plan Instead she is trying to reach an agreement with the company where she would pay an upfront amount now and an amount of 1 200 in 4 years Assume that money is worth 8 64 compounded quarterly a Calculate the equivalent value of the 2 000 payment and the 900 payment today