Richard White is planning to save up for a trip to Europe in three years. He will need $$7,400$ when he is ready to make the trip. He plans to invest the same amount at the end of each of the next three years in an account paying $6$ percent. What is the amount that he will have to save every year to reach his goal of $$7,400$ in three years? $($Round factor values to $4$ decimal places, e$.$g$.1\mathrm{.}5213$ and final answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Cash flows $