Mathematics, 05.02.2022 15:10, kcarstensen59070

Amy had to make a payment of $2,200 in 11 months and $2,500 in 15 months, to a raw material supplier. What single payment in 5 months would settle both these payments? Assume a simple interest rate of 4.50% p. a. and use 5 months from now as the focal date. $0.00 Round to the nearest cent

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Amy had to make a payment of $2,200 in 11 months and $2,500 in 15 months, to a raw material supplier...