Question: Can you please show how to do this question by using formula. Thank you. Jacqueline had to make a payment of $2,400 in 11 months

 Can you please show how to do this question by using

Can you please show how to do this question by using formula.

Thank you.

Jacqueline had to make a payment of $2,400 in 11 months and $2,000 in 19 months, to a raw material supplier. What single payment in 4 months would settle both these payments? Assume a simple interest rate of 4.50% p.a. and use 4 months from now as the focal date. $4,224.50 Round to the nearest cent

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