Your company will generate $$90,000$ every $3-$months for the next seven years from a new project. Payments are received at the end of each $3-$month period. If the appropriate interest rate is $8\%/$year compounded quarterly, what is the present value?

$$1,804,980\mathrm{.}25$

$$1,915,314\mathrm{.}51$

$$1,967,000\mathrm{.}00$

$$1,847,205\mathrm{.}49$