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For the following ordinary annuity, determine the size of the periodic payment

Finance

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 1 quarter 11 years 6.4% 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.)

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