Marilyn was supposed to pay $1,450 to Bernice on March 1. Some time later Marilyn paid Bernice an equivalent payment of $1,528.01, allowing for a time value of money of 4.5% compounded monthly. When did Marilyn make the payment?

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The Answer of Marilyn was supposed to pay $1,450 to Bernice on March 1. Some time later Marilyn paid Bernice an equivalent payment of $1,528.01, allowing for a time value of money of 4.5% compounded monthly. When did Marilyn make the payment?

Marilyn Was Supposed to Pay $1,450 to Bernice on March