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Nate owns a big construction company, and he anticipates that he will need to replace some of his construction vehicles that will cost him $7,600,000 after 11 years

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Nate owns a big construction company, and he anticipates that he will need to replace some of his construction vehicles that will cost him $7,600,000 after 11 years. In order to make sure he has the funds when the time comes, he wants to make semiannual deposits in a sinking fund that earns interest at the rate of 2.78%/year compounded semiannually. What would be the size of deposits that Rob will be making every six months?