A loan of

$1589

borrowed today is to be repaid in three equal installments due in

one

year,

three-and-a-half

years, and

five

years, respectively. What is the size of the equal installments if money is worth

4.9%

compounded semi-annually?

The payments are each

$nothing.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)