Frank's Machine Shop purchased a computer to use in tuning engines. To finance the purchase, the company borrowed 511,600 at 4% compounded semi-annualy To repay the loan, equal monthly payments are made over flive years, with the first paryment due two years after the date of the loan. What is the slize of each monthly payment? The size of each monthly payment is s (Round the final answer to the nearest cent as needed Round all intemmediate values to sbx decinal places as needed.)