8.) find the amount that shoulde be invested now to accumulate the following amount, if the money is compounded as indicated. $47,000 at 5.1% compounded semiannually for 4 years. 9.) Solve the problem. Round to the nearest cent. Find the amount of each payment into a sinking fund if $6000 must be accumulated. Payments are made at the end of each quarter for 3 years, with interest of 8% compounded quarterly.