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A total debt of $4,000 due three years from now and $5,000 due 50 months from now is to be repaid by three payments as

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A total debt of $4,000 due three years from now and $5,000 due 50 months from now is to be repaid by three payments as follows: (1) A first payment is made 8 months from now. (ii) A second payment of $3,000 is made two years from now. (iii) A third payment (which is 25% less than the first payment) is made 3.5 years from now, Interest is 2.4% APR compounding monthly. Find the payment (1) rounded-up to the nearest dollar

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