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QUESTION 5 Dandil owes two debt payments - a payment of $5,049 that was due today and a payment of $1.906 due in 13 months.

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QUESTION 5 Dandil owes two debt payments - a payment of $5,049 that was due today and a payment of $1.906 due in 13 months. If Greg makes a payment now of $1000 and another payment in 6 months. what would this payment be if money is worth 5.889 p.a. simple interest? Assume a focal date of 6 months. Please express your answer to the nearest dollar. Sample input: 2456 for $2456

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