Transcribed image text: 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 $16,100.00 3 months 14.25 years 8.9% quarterly The periodic payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Transcribed image text: 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 $16,100.00 3 months 14.25 years 8.9% quarterly The periodic payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)