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Find the interest rate needed for the sinking fund to reach the required amount Assume that the compounding perod is the same as the payment

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Find the interest rate needed for the sinking fund to reach the required amount Assume that the compounding perod is the same as the payment period, $36 473 to be accumulated in 6 years; quarterly payments of $1225 The interest rate needed is approximately % Cype an integer or decimal rounded to two decimal places as needed)

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