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Greg owes two debt payments a payment of $5,952 that was due in 14 months ago and a payment of $1,901 due in 7 months.

Greg owes two debt payments a payment of $5,952 that was due in 14 months ago and a payment of $1,901 due in 7 months. If Greg makes a payment now, what would this payment be if money is worth 6.94% compounded semi-annually? Assume a focal date of today.

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