7. For the following ordinary annuity, determine the size of the periodic payment. Future Value $14,400.00 Present Value Payment Period 3 months Term of Annuity Interest Rate 15.5 years 11.8% Conversion Period quarterly The periodic payment is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) layer/Player.asp: math&style=highered&disableStandbyIndicator=true&assignmentHa SLocale=true#