A cashflow series consists of the following cashflows:

$1000 at the end of year-1

$500 at the end of year-2

$600 at the end of year-3

$500 at the end of year-5

At an annual effective interest rate of 5%, a student matches the present value of the above series with the present value of a 4-year bond with face value F and annual 4% coupons paid at the end of each year. Calculate F to the nearest $1.