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Conners' Equipment established a sinking fund to accumulate $250,000 by making payments at the beginning of every three months for three years. Interest earned by

Conners' Equipment established a sinking fund to accumulate $250,000 by making payments at the beginning of every three months for three years. Interest earned by the fund is 6.5% compounded quarterly. Determine the amount of interest earned during the 6th payment period.

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