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What single equivalent payment

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Asher had an agreement to make three debt payments to Annalise: $1,500 six months from now, $1,800 eighteen months from now, and $2,100 two years from now. What single equivalent payment should Asher make if he can afford to settle all three debts 9 months from now? Annalise is charging an interest of 3.2% compounded monthly.

Reference no: EM132753347

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