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8. [-/1 Points) DETAILS SMITHNM13 11.5.042. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the amount of periodic payment necessary for the deposit to a

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8. [-/1 Points) DETAILS SMITHNM13 11.5.042. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.) $ Amount Needed Frequency Rate Time t n $95,000 quarterly 1.3% 9 yr

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