If you borrow $$46,000$ at $8\mathrm{.}5\%$ annual compound interest and pay it back with $14$ equal annual payments, what will be the size of each payment if the first payment occurs $1$ year after borrowing the $$46,000?$

Round your answer to $2$ decimal places.

If you borrow $$46,000$ at $8\mathrm{.}5\%$ annual compound interest and pay it back with $14$ equal annual payments, what will be the size of ech payment if the first payment occurs $1$ year after borrowing the $$46,000?$

Round your answer to $2$ decimal places.