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Payments of $ 2 3 0 0 due 1 8 months ago and $ 3 1 0 0 due in three years are to be

Payments of $2300 due 18 months ago and $3100 due in three years are to be replaced by an equivalent stream of payments consisting of $2000 today and two equal payments due two and four years from now. If money can earn 9.75% compounded semiannually, what should be the amount of each of these two payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Each payment $

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