The Perez family wants to save money to travel the world. They plan to invest in an ordinary annuity that earns4.2% interest, compounded quarterly. Payments will be made at the end of each quarter.

How much money do they need to pay into the annuity each quarter for the annuity to have a total value of$13,000 after10 years?

Do not round intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas.