The first of a series of equal, monthly cash flows of $2000 occurred on April 1, 1998, and the last of the monthly cash flows occurred on February 1, 2000. This series of monthly cash flows is equivalent to a series of semiannual cash flows. The first semiannual cash flow occurred on July 1, 2001, and the last semi annual is the amount of each semiannual cash flow? Use a nominal interest rate of 12% with monthly compounding on all accounts.