2A

2B

Find the amount of each payment to be made into a sinking fund which earns 8% compounded quarterly and produces $54,000 at the end of 4.5 years. Payments are made at the end of each period. The payment size is $ (Do not round until the final answer. Then round to the nearest cent.) Find the amount necessary to fund the given withdrawals. Monthly withdrawals of $750 for 5 years; interest rate is 6.9% compounded monthly. The amount necessary to fund the given withdrawals is $ (Round to the nearest cent as needed.) Find the amount of each payment to be made into a sinking fund which earns 8% compounded quarterly and produces $54,000 at the end of 4.5 years. Payments are made at the end of each period. The payment size is $ (Do not round until the final answer. Then round to the nearest cent.) Find the amount necessary to fund the given withdrawals. Monthly withdrawals of $750 for 5 years; interest rate is 6.9% compounded monthly. The amount necessary to fund the given withdrawals is $ (Round to the nearest cent as needed.)