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Two debts, the first of $1700 due three months ago and the second of $1400 borrowed one year ago for a lem of four yean

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Two debts, the first of $1700 due three months ago and the second of $1400 borrowed one year ago for a lem of four yean at 3.6% tompounded antualy, are ta be iepticaed by a sirgle p6y aer one year from now. Determine the size of the replacement payment if inserest is 2.7% compounded quarierty and the focal dase is one yos from now. The sive of the ceplacement payment is 1 (Round to the neareat cent as needed. Round at intermediale values to tix deoimal places as needed)

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