Question: please answer to the nearest cent ($ xxx. xx) What cash payment is equivalent to making payments of $765.00 at the end of every three

please answer to the nearest cent ($ xxx.xx)

What cash payment is equivalent to making payments of $765.00 at the end of every three months for 3 years if interest is 3% per annum compounded monthly? The cash payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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