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A city has issued bonds to finance a new convention center. The bonds have a total face value of $ 2 , 0 0 0
A city has issued bonds to finance a new convention center. The bonds have a total face value of $ and are payable in years. A sinking fund has been opened to meet this obligation. If the interest rate on the fund is compounded quarterly, what will be the quarterly payments? Round your final answer to two decimal places.
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