One year ago Wynn bought a car from Charla which was to be payed for with a payment of $200.00 6 months ago
and $100,00 3 months from now. Wynn missed the first payment and now Charla wants him to settle the debt by
making a single payment today equivalent to the value of the two originally specified payments. How much money
would Wynn have to pay Charla if money could earn simple interest of 1.5% per month? For full marks your
answer(s) should be rounded to the nearest cent.
Full Payment Amount = $ 0.00
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Answer:
Full payment amount is 0.00
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