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

Find the amount of the 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 of each period. 1 $95,000; money earns 8% compounded semiannually for 3 years The payment size is $ (Do not round until the final answer. Then round to the nearest cent.)

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