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Payments of $ 1 , 7 0 0 in 1 year and another $ 2 , 1 0 0 in 5 years to settle a

Payments of $1,700 in 1 year and another $2,100 in 5 years to settle a loan are to be rescheduled with a payment of $1,100 in 18 months and the balance in 36 months. Calculate the payment required in 36 months for the rescheduled option to settle the loan if money earns 5.35% compounded semi-annually during the above periods.
Round to the nearest cent

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