Question: Bryan was supposed to pay Samantha $ 6 , 0 0 0 , 6 months ago, and $ 1 , 3 6 0 , 5

Bryan was supposed to pay Samantha $6,000,6 months ago, and $1,360,5 months from now. If he wants to reschedule these payments with two payments, one payment of $3,000 today and the balance 3 months from now, calculate the balance amount. Assume that the simple interest charged is 6.25% p.a. and the agreed focal date is 3 months from now.

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