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  3. 2. six months ago john borrowed $1300 and agreed t

2. Six months ago John borrowed $1300 and agreed to pay $550 and $750 three...

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2. Six months ago John borrowed $1300 and agreed to pay $550 and $750 three and eight months from the date of the agreement. With each payment John agreed to pay simple interest at the rate of 6.5% pa John wasn't able to make any payments, and wants to settle his debt in a single payment 2 months from now. What payment should it be if money can earn 3.5%

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