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QUESTION 1 A small business has debts of $561 due in 2 months and $914 due 10 months from today. The business is going

QUESTION 1 A small business has debts of $561 due in 2 months and $914 due 10 months from today. The business is going to settle both of these debts by a single payment made 6 months from today. What is the size of the payment in 6 months if money is worth 3.52% p.a.? For full marks on this question, you must include a detailed and properly labelled timeline as demonstrated in the course lesson videos.

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