Scheduled payments of

$265,

$466,

and

$423

are due in

one-and-a-half

years,

four

years, and

six

years respectively. What is the equivalent single replacement payment

two-and-a-half

years from now if interest is

5.6%

compounded semi-annually?

The equivalent single replacement payment is

$nothing.

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