Scheduled payments of 558 dollars, $1393 and $573 are due in 1 1/2 years, 3 1/2 years add five and a half years respectively.

Question

Scheduled payments of 558 dollars, $1393 and $573 are due in 1 1/2 years, 3 1/2 years add five and a half years respectively. What is the equivalent single replacement payment three years from now if interest is 3.3% compounded quarterly?

Kunduz · Accepted Answer

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