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Find the payment made by the ordinary annuity with the given present value. $225,736; quarterly payments for 25 years; interest rate is 7%, compounded quarterly
Find the payment made by the ordinary annuity with the given present value. $225,736; quarterly payments for 25 years; interest rate is 7%, compounded quarterly The payment is $ (Simplify your answer. Round to the nearest cent as needed.)
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