A loan payment of $1400.00 was due 40 days ago and another payment of $900.00...
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Finance
A loan payment of $1400.00 was due 40 days ago and another payment of $900.00 is due 70 days from now. What single payment 120 days from now will pay off the two obligations if interest is to be 6% and the agreed focal date is 120 days from now?
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