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Scheduled payments of $1316, $612, and $527 are due in one-and-a-half years, three-and-a-half years, and five years respectively. What is the equivalent single replacement payment

Scheduled payments of $1316, $612, and $527 are due in one-and-a-half years, three-and-a-half years, and five years respectively. What is the equivalent single replacement payment three years from now if interest is 6% compounded

The equivalent single replacement payment is $___________

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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