Question 1193158
**1. Determine the Time Differences:**

* **Payment 1:** Due in 60 days, so it's 60 - 65 = -5 days before the focal date.
* **Payment 2:** Due in 285 days, so it's 285 - 65 = 220 days after the focal date.

**2. Calculate the Present Value of Each Payment**

* **Present Value (PV) = Future Value / (1 + (Interest Rate / 365) * Number of Days)**

* **Payment 1:**
    * PV1 = $2,830 / (1 + (0.0282 / 365) * -5) 
    * PV1 ≈ $2,836.11 

* **Payment 2:**
    * PV2 = $4,820 / (1 + (0.0282 / 365) * 220) 
    * PV2 ≈ $4,624.43

**3. Calculate the Single Equivalent Payment**

* Single Equivalent Payment = PV1 + PV2
* Single Equivalent Payment = $2,836.11 + $4,624.43
* Single Equivalent Payment = $7,460.54

**Therefore, the single equivalent payment to be made in 65 days to settle the two payments is approximately $7,460.54.**