Question:

Find the amount of the payment to be made into a sinking

Last updated: 12/10/2022

Find the amount of the payment to be made into a sinking

Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount Payments are made at the end of each period 95 000 money earns 4 compounded semiannually for 3 years The payment size is Do not round until the final answer Then round to the nearest cent