Question: Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as

 Find the payment that should be used for the annuity due

Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as the payment period. $10,000; quarterly payments for 12 years; interest rate 5.3% The payment should be $ (Round to the nearest cent as needed.)

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