A wealthy relative has offered you the following. For the first $2$ years in college, the relative will pay if you receive a C average or higher. The payments will be $$2000$ for the first year and $$4000$ the second year. You currently are earning $5\%$ interest on investments so that will be your relevant discount rate. Enter your answers to $2$ decimal places if there are decimals in your number. Do not enter dollar signs or commas.

The present value of the first year payment will be