Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT [See Quick Example 2.

Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT [See Quick Example 2.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.)

$10,000 in a fund paying 4% per year, with monthly payments for 10 years

PMT = $