(Solved): Determine the size of the periodic payment of the following ordinary general annuity. Present Value ...

Determine the size of the periodic payment of the following ordinary general annuity. Present Value $\$14,800$ Payment Period Term of Annuity 3 months Interest Rate 5 years Conversion Period annually The periodic payment is $\$$ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)