Your car dealer is willing to lease you a new car for $299 a month for 72 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If the APR is 5%, compounded monthly, what is the current value of the lease? (Do not round intermediate calculations. Round your final answer to two decimal places i.e. 12345.67. Do not input a dollar sign with your answer.)

Your car dealer is willing to lease you a new car for $299 a month for 72 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If the APR is 5%, compounded monthly, what is the current value of the lease? (Do not round intermediate calculations. Round your final answer to two decimal places i.e. 12345.67. Do not input a dollar sign with your answer.)