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X owes Y 1,000 due in 6 months without interest and 2,000 with interest for 1.5 years at 4% due in 9 months. Y agrees

X owes Y 1,000 due in 6 months without interest and 2,000 with interest for 1.5 years at 4% due in 9 months. Y agrees to accepts 3 equal payments, one due today, another in 6 months, and the third in 1 year. Find the equal payments, using 1 year from today as focal date, if money is worth 5% to Y.

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