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A sinking fund amounting to $21000 is to be created by making payments at the beginning of every year for 9 years. Interest earned by

A sinking fund amounting to $21000 is to be created by making payments at the beginning of every year for 9 years. Interest earned by the fund is 11.2% compounded annually. Determine the size of the annual payments, and prepare a sinking fund schedule for the first four payment intervals.

Please post ASAP. If answer can be provided via excel it would be much appreciated.

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