The first debt is 570 due in 8 months and the second is, Financial Econometrics

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The first debt is 570 due in 8 months and the second is

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%?

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Financial Econometrics: The first debt is 570 due in 8 months and the second is

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