A Forward Rate Agreement contains an agreed interest rate of $3\mathrm{.}1\%$ on a $6-$month loan. If settled in arrears, what amount would the borrower pay or receive on an $$800,000$ loan if the prevailing $6-$month interest rate is $3\mathrm{.}6\%?$

Question $19$ options:

$$4,000$ payment

$$4,000$ receipt

$$3,861$ payment

$$3,861$ receipt

$$3,092$ receipt

$$3,092$ payment