Mathematics, 30.06.2019 05:10, avamcneil412

Scheduled payments of $1010 due five months ago and $1280 due today are to be repaid by a payment of $615 in four months and balance in seven months. if money is worth 7.75% p. a. and the focal date is in seven months, what is the amount of the final payment? (hint: set the size the final payment be $x. set up an equality of amount which supposed to be payed due today and the repaid amount.)

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Scheduled payments of $1010 due five months ago and $1280 due today are to be repaid by a payment of...