A $$110,700$ payment is due $34$ months from today. What is the equivalent value of the payment if it is paid $31$ months from today instead? Money earns $8\mathrm{.}4\%$ compounded quarterly.

Input the equivalent value in the Answer box; the value of $N$ in the second box.

Example: Answer: $23456\mathrm{.}78$ ; units: $N=1\mathrm{.}25$

Answer: