Payments of $900 and $1000 are due in 30 days and 210 days, respectively. If money can be invested at 7¾ %, what single payment 90 days from now is equivalent to the payment stream?

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The Answer of Payments of $900 and $1000 are due in 30 days and 210 days, respectively. If money can be invested at 7¾ %, what single payment 90 days from now is equivalent to the payment stream?

Payments of $900 and $1000 Are Due in 30 Days