Question 1 : Your uncle offers to sell you his vintage Rolls Royce. He suggests a payment plan where you pay just $13,000 today, $7100 in 12 months and $69,000 in exactly 20 months from today. If the interest rate is 12.8% per annum compounding monthly, what is the value of the offer (in present day dollars, rounded to the nearest dollar; dont show $ sign or commas)?

is there anything not clear ?