On January$1,$ Yumati Electric borrows$$ $$500,000$ at an interest rate of$6\%$ today and will repay this amount by making $10$ semiannual payments beginning May $31.$ What is the approximate amount of each payments that Yumati will need to$$ make? $($Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary$$ calculations, and round your final answer to the nearest$$ dollar.$)$