Evaluate Accurate to the Cent $\frac{R}{i}\left[1-\frac{1}{(1+i)^{n}}\right]$ For R = $575, I = 0

Short Answer

Evaluate accurate to the cent:
$\frac{R}{i}\left[1-\frac{1}{(1+i)^{n}}\right]$ for R = $575, i = 0.085, n = 3