Suppose the interest rate is $\backslash (9\mathrm{.}4\backslash \%\backslash )$ APR with monthly compounding. What is the present value of an annuity that pays $\backslash$$$105$ every three months for five years? $($Note: Be careful not to round any intermediate steps less than six decimal places.$)$ The present value of the annuity is $\backslash (\backslash$$ $\backslash ).($Round to the nearest cent.$)$

PLEASE SHOW HOW TO SOLVE HOW MANY PAYMENTS YOU NEED TO REAXH $$105$ IN THREE MONTHS SHOW WORK PLZ