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Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments

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Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end on each period. The interest rate given is per period $6,900 money cams 9% compounded annually; 11 annual payments A $342.50 B. $392.93 C 5454.16 OD. $240.66

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