If the $NA{R}_5=4\%$ what is the $NA{R}_3?$A cash flow of $$1\mathrm{.}5$ is paid $360$ times per year for the next $3$ years. The NAR$3$ is

$1\mathrm{.}5\%.$ What is the present value of this series?

Empty Excel Sheet For Calculations

$$1,589\mathrm{.}15$

$$1,586\mathrm{.}15$

$$1,583\mathrm{.}15$

$$1,584\mathrm{.}15$