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A payment stream consisting of $ 1 8 3 1 due ( but not paid ) 1 1 months ago, and $ 3 7 5

A payment stream consisting of $1831 due (but not paid)11 months ago, and $3753 due in 13 months is to be replaced with the following equivalent set of payments: an unknown payment due today, and a payment of $1492 due in 17 months. What is the amount of the payment due today if the rate of simple interest is 3.92%? Give your answer rounded to the nearest cent and use today as the focal date.

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