Please look at the attached screenshot for the question

You need to borrow $ 39000 in 4-month time for 9 months. You can lock the future interest rate for the borrowing period with CBA through a Forward Rate Agreement (FRA) at 8.6%. Suppose after 4 months the 9-month interest rate is 6.88%, what would be the cash settlement you receive (+)/pay (-)? Instruction: All rates provided are annualized interest rates. Please assume each month takes an equal fraction of a year. Please round your answer to the nearest integer. Your answer should be a positive number if you receive cash settlement from CBA and negative if you pay cash settlement to CBA