Question

An equipment can be purchased with three consecutive bimonthly payments of $ 2,000.00 and $ 3,000.00 R $ 4,000.00, respectively, with the first at the end of 30 days. An alternative to the purchase of this equipment consists of two equal payments at the end of two and four months respectively. For effective compound rate of 4% per month, the unit value of each of the two payments that makes the two alternatives equivalents is approxmately:

A)4321
B)4427
C)4585
D)4668
E)4746

Answer 1

what im doing wrong?

Answer 2

@SolomonZelman