Noel has $$380,000$ with which to purchase an ordinary annuity delivering monthly payments for $20$ years after a $10-$year period of

deferral. What monthly payment will he receive if the undistributed funds earn $5\mathrm{.}8\%$ compounded semiannually? $($Do not round

intermediate calculations and round your final answer to $2$ decimal places.$)$

Monthly payment$