Business, 15.02.2021 19:40, kathrynway9438

Find the amount of each 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. The interest rate given is per period. $81,000; money earns 5% compounded quarterly for 3 years

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Find the amount of each payment to be made into a sinking fund so that enough will be present to acc...