Equivalent Payments Help!

[donkeykong]

What equal payments, one on March 5, and the other on June 15, will be equivalent to the following two payments: 2400 on April 1 and $3500 on August 15? Assume that money earn 5% p.a. Use June 15 as the focal date.

 

[Deleted member 4993]

What equal payments, one on March 5, and the other on June 15, will be equivalent to the following two payments: 2400 on April 1 and $3500 on August 15? Assume that money earn 5% p.a. Use June 15 as the focal date.

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