You owed $1999.00 six months ago, $2500.00 in five months, and $1000.00 in seven months. If you made a single payment today for the $1000.00 amount owing in 7 months, how much how much would it be if money is worth 5.5% p.a. compunded annually and the agreed focal date is today?
4 options:
$948
$979
$989
$969