11 Points) DETAILS PREVIOUS ANSWERS BRECMBC9 12.11.016. Solve by using the sinking fund or amortization formula. (Round your answer to the nearest cent.) Sinking fund payment (in $) Sinking Fund Payment Payment Frequency Time Period (years) Nominal Interest Rate(%) Compounded Future Value (Objective) every 3 months 6.0 quarterly $7,000 Need Help? Read It Use Table 12-1 to calculate the future value in $) of the annuity due. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Interest Rate (%) Compounded Future Value of the Annuity $800 every 6 months 12 10 semiannually $1 Need Help? Read it [0/1 Points) DETAILS PREVIOUS ANSWERS BRECMBC9 11.1.023.MI. MY NOTES Use Table 11-1 to calculate the compound amount (in $) on an investment of $3,500 at 8% Interest, compounded semiannually, for 18 years. (Rou $ X Watch is Master