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Determine the size of the periodic payment of the following ordinary general annuity Present Value Payment Period Term of Annuity Interest Rate Conversion Period quarterly

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Determine the size of the periodic payment of the following ordinary general annuity Present Value Payment Period Term of Annuity Interest Rate Conversion Period quarterly $1031 1 month 8 years, 6 months 10% The periodic payment is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed.)

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