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For the following ordinary annuity, determine the size of the periodic payment. Present Value Future Value $16,600.00 Payment Period 1 quarter Term of Annuity Interest

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For the following ordinary annuity, determine the size of the periodic payment. Present Value Future Value $16,600.00 Payment Period 1 quarter Term of Annuity Interest Rate 10.9% Conversion Period quarterly 14.5 years 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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