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13 - Find the amount of each payment to be made...

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Accounting

13
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- Find the amount of each payment to be made into a sinking fund which earns 5% compounded quarterly and produces $51,000 at the end of 4.5 years. Payments are made at the end of each penod AD The payment size is $(Do not round until the final answer Then round to the nearest cent) GoDad Interest Compound APY Term

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