PV&A will need $$1\mathrm{.}8$ million $5$ years from now to replace some equipment. Currently, the firm has some extra cash and would like to establish a savings account for this purpose. The account pays $6$ percent interest, compounded on a monthly basis. How much money must the company deposit today to fully fund the equipment purchase?

$$ $$1,334\mathrm{.}469\mathrm{.}95$

$$1,393,676\mathrm{.}52$

$$1,350,868\mathrm{.}47$

$$1,279,947\mathrm{.}20$

$$1,412,308\mathrm{.}18$