SOLUTION: plzz help me for this problem What single amount, paid three years from now, would be economically equivalent to the combination of $1700 due today and $2100 due in five years i

Question 1021558: plzz help me for this problem
What single amount, paid three years from now, would be economically equivalent to the combination of $1700 due today and $2100 due in five years if funds can be invested to earn 8% compounded quarterly? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Single amount $
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
The single amount would be
=
=$3,948.34
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