X 9.5.4 Question Help Y Scheduled payments of $969, $1386, and $617 are due in one year, four-and-a-half years, and five-and-a-half years respectively. What is the equivalent single replacement...

Extracted text: X 9.5.4 Question Help Y Scheduled payments of $969, $1386, and $617 are due in one year, four-and-a-half years, and five-and-a-half years respectively. What is the equivalent single replacement payment two years from now if interest is 8% compounded quarterly? The equivalent single replacement payment in S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)