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For the following ordinary annuity, determine the size of the periodic payment. Present Payment Conversion Future Value Value Period Term of Annuity Interest Rate Period

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For the following ordinary annuity, determine the size of the periodic payment. Present Payment Conversion Future Value Value Period Term of Annuity Interest Rate Period $14,400.00 1 quarter 5.6% quarterly 14 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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