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An annuity that pays $1000 at the end of every 3 months for 6 years has an IRR of 8% quarterly. Do a sinking fund

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An annuity that pays $1000 at the end of every 3 months for 6 years has an IRR of 8% quarterly. Do a sinking fund analysis of this annuty where the sinking fund earns 2% quarterly. What is the annual nominal rate of return on this investment? An annuity that pays $1000 at the end of every 3 months for 6 years has an IRR of 8% quarterly. Do a sinking fund analysis of this annuty where the sinking fund earns 2% quarterly. What is the annual nominal rate of return on this investment

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