Sue had loan payments of 1000 that was due 3 months ago and


Sue had loan payments of $1,000 that was due 3 MONTHS AGO (and was not paid) and $1,500 due in 6 MONTHS. What single payment today would settle the debt, if money is worth 7% compounded quarterly?

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Mathematics: Sue had loan payments of 1000 that was due 3 months ago and
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