bBlock Sakal: Isaa. Netflix Saved Help Save & Exit Today, you begin to receive payments of equal amounts at the beginning of each year for 10 years (including the payment you receive today). Assume the appropriate discount rate is 3%. If the present value of this series of payments is $40,000, what must be the amount of each payment? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the S sign in your response. For example, an answer of $1.000.50 should be entered as 1000.50 Numeric Response