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Find the amount of each payment to be made into a sinking fund earning 5% compounded monthly to accumulate $25,000 over 7 years. Payments are

Find the amount of each payment to be made into a sinking fund earning 5% compounded monthly to accumulate $25,000 over 7 years. Payments are made at the end of each period The payment size is $ (Round to the nearest cent.)

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