A payment of $3,080 is due in 50 days and another payment of $2,320…

Question Answered step-by-step A payment of $3,080 is due in 50 days and another payment of $2,320… A payment of $3,080 is due in 50 days and another payment of $2,320 is due in 200 days. Calculate the single equivalent payment to be made in 55 days to settle the two payments if money earns 8.16% p.a. (Hint: use 55 days from now as the focal date.) Math MATH BUSI1003 Share QuestionEmailCopy link Comments (0)