Western Pipelines pays $$$$460$ at the beginning of every half dash year for using a tract of land. What should the company offer the property owner as a purchase price if interest is $7\mathrm{.}2\%$ compounded quarterly$?$

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Part $1$

The company should offer $$$

$$

enter your response here.

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