An annually with a cash value of 15500 $ earns 7% compounded semi annually. End of period semi annual payments are deferred for seven years and then continue for 10 years. How much is the amount of each payment?

An annuity with a cash value of $15,500 earns 7% compounded semi-annually. End-of-period semi-annual payments are doferred for seven years, and then continue for ten years. How much is the amount of each payment? Each payment is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed.)