Aloan payment of $$1300\mathrm{.}00$ was due $20$ days ago and another payment of $$700\mathrm{.}00$ is due $70$ days from now. What single payment $110$ days from now will pay off the two obligations if interest is to be $2\%$ and the agreed focal date is $110$ days from now?

The value of the payment is $

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.$)$