The next Women's World Cup Finals Tournament was recently awarded to Australia/New Zealand. You would like to attend. You estimate the total cost for you to do so (flights, hotel stays, game tickets, food, and entertainment) will be 11,974. For ease of calculation, assume the 11,974 will be spent all at once, three years from now. Establish a monthly savings plan to achieve the goal of having enough money to spend that 11,974 at that time. Assume you plan to put equal-size monthly payments into an account that earns 2% per year with annual compounding. How big must each payment be (assuming the first one is one month from now)? Enter value to the nearest penny.