Jane was due to make loan payments of $1049 eight months ago, $4750 four month ago, and $ 573 in three months. Instead, she is to make a single payment today. If money is worth 3.4 % and the agreed focal date is today, what is the size of the replacement payment?
Question content area bottom
Part 1
The replacement payment is $

enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)Jane was due to make loan payments of $1049 eight months ago, $4750 four month ago, and $ 573 in three months. Instead, she is to make a single payment today. If money is worth 3.4 % and the agreed focal date is today, what is the size of the replacement payment?
Question content area bottom
Part 1
The replacement payment is $

enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Question

28-06-2024
Mathematics

Answered

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Jane was due to make loan payments of $1049 eight months ago, $4750 four month ago, and $ 573 in three months. Instead, she is to make a single payment today. If money is worth 3.4 % and the agreed focal date is today, what is the size of the replacement payment?
Question content area bottom
Part 1
The replacement payment is $

enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)Jane was due to make loan payments of $1049 eight months ago, $4750 four month ago, and $ 573 in three months. Instead, she is to make a single payment today. If money is worth 3.4 % and the agreed focal date is today, what is the size of the replacement payment?
Question content area bottom
Part 1
The replacement payment is $

enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Sagot :

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