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= Homework: Homework 7 Question 2, 13.1a > HW Score: 0%, 0 O Points: 0...

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= Homework: Homework 7 Question 2, 13.1a > HW Score: 0%, 0 O Points: 0 of 1 Find the periodic payment for the following simple annuity due. Future Value Present Value Payment Period Term of Annuity Interest Rate Conversion Period 8% annually $17,500 1 year 9 years ... The periodic payment is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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