ane was due to make loan payments of $$$$1204$ seven months$$ ago, $$$$3389$ three month$$ ago, and $ $729$ in four months.$$ Instead, she is to make a single payment today. If money is worth $4\mathrm{.}4\%$ and the agreed focal date is$$ today, what is the size of the replacement$$ payment?

Three separate calculations have to be made. Use the future value formula for the two payments that were due before the focal date. Use the present value formula for the payment that is due in the future. The two formulas are given$$ below, where P is the present$$ value, S is the future$$ value, r is the rate of interest$($expressed as a$$ decimal$),$ and t is the time in years.