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a company estimates that it will need 116,000 in 11 years to replace a computer. If it...

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Advance Math

acompany estimates that it will need 116,000 in 11 years to replacea computer. If it establishes a sinking fund by making fixedmonthly payments into an account paying 3.3% compounded monthly,how much should each payment be?
the amount of each payment should be $___

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