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A company estimates that it will need$136,000 in 6 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments

A company estimates that it will need$136,000 in 6 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying5.1% compounded monthly, how much should each payment be?

(Round to the nearestcent.)

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