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Find nine months and a payment

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Reference no: EM133004697

You MUST use the TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions whenever possible.

Matt agreed to make two payments - a payment of $2,000 due in nine months and a payment of $1,500 in a year.

If Matt makes a payment of $1,800 now, when should he make a second payment of $1,700 if money is worth 8% compounded quarterly?

Reference no: EM133004697

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