What will that single payment be if friend wants to make

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Your friend wants to pay off her two debts in a single payment. The first debt is $570 due in 8 months, and the second is $1380 due in 18 months. What will that single payment be if she wants to make it at the end of 1 year given a compound interest rate of 4.9%?

Reference no: EM13327127

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