Eight months ago, Louise agreed to pay Thelma $750 and $950, six and 12 months respectively from the date of the agreement. With each payment, Louise agreed to pay interest on the respective principal amounts at the rate of 9.5% from the date of the agreement. Louise failed to make the first payment and now wishes to settle her obligations with a single payment 4 months from now. What payment should Thelma be willing to accept if money can earn 7.75%?