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You owe $4510 due in 7 months. In addition you owe $3780 due in 13 months and $5125 due in 21 months. You are paying 8.64% compounded monthly on your loan. What single amount three months from now will pay off the entire loan of the three future payments?
Due Date
The due date is a specific date by which an obligation, such as a payment or task, must be completed.
Note Payable
A written promise to pay a specified amount of money, usually with interest, by a certain date.
Sale of Equipment
A financial transaction involving the disposal of equipment assets in exchange for cash or other compensation.
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