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A debt of RM 4,400 due in two years and another RM 7,700 due in seven...

A debt of RM 4,400 due in two years and another RM 7,700 due in seven years will be settled by making a single payment four years from now.Find the total payment assuming that money is worth 5% compounded quarterly. Use the fourth year as the focal date.

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The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and format. For detailed answer refer to the supporting sheet.

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