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A company estimates that it will need $58,000 in 9 years to replace a computer. If it establishes a sinking fund by making fixed monthly

A company estimates that it will need $58,000 in 9 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 5.1% compounded monthly,how much should each payment be?

(round to the nearest cent.$

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