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Find the amount of each payment to be made into a sinking fund which earns 9% compounded quarterly and produces $46,000 at the end of
Find the amount of each payment to be made into a sinking fund which earns 9% compounded quarterly and produces $46,000 at the end of 2.5 years. Payments are made at the end of each period The payment size is $ (Round to the nearest cent.)
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