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A company estimates that it will need $139,000 in 18 years. if it eatablishes a sinking fund hy making fixed monthly payments into an account

A company estimates that it will need $139,000 in 18 years. if it eatablishes a sinking fund hy making fixed monthly payments into an account paying 5.4% compounded monthly, how much should each payment be?

The amount of each payment should be:??

(Round to the nearest cent)

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