Maria has leased an auto for 5 years at $300/month. If the money is worth 2%/year compounded monthly, what is the equivalent cash payment (present value) of this annuity? (Assume payments are made at the end of the each month. Round your answer to the nearest cent.)

Maria has leased an auto for 5 years at $300/month. If the money is worth 2%/year compounded monthly, what is the equivalent cash payment (present value) of this annuity? (Assume payments are made at the end of the each month. Round your answer to the nearest cent.) $ X