Question:

8 5 Question 1 of 5 possible This question 6 point s

Last updated: 10/24/2023

8 5 Question 1 of 5 possible This question 6 point s

8 5 Question 1 of 5 possible This question 6 point s possible R Round up to the nearest cent Submit quiz Find the monthly payment R needed to have a sinking fund accumulate the future value A The yearly interest rate r and the time t in years are given below Interest is compounded monthly A 7 000 r 4 5 t 3 2