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Payments of $900 and $1000 are due in 30 days and 210 days, respectively. If...

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Accounting

Payments of $900 and $1000 are due in 30 days and 210 days, respectively. If money can be invested at 8.25%, what single payment 90 days from now is equivalent to that payment stream? (Do not round your intermediate calculations. Round your answer to the nearest cent.)

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