For the sinking fund, use lable 12-1 to calculate the amount (in 5) of the periodic payments needed to amount to the financial objective (future value of the annulty). (Round your answer to the nearest cent.) Sinking Fund Payment Payment Frequency Time Period Nominal Interest (years) Rate(%) Compounded Future Value (Objective) $ VITY 14 7 atrally $650,000 Need Help? Read It -/1 Points) DETAILS BRECMBC9 12.111.005.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Choi Herre Repair per te acumulate: $28,000 in 6 years to purchax now equipment. What sairakinig fund payment (in $) weilaid they need to trialer at the end of creche three months, at % interest compounded quarterly? Use Table: 12-1. (Round your answer to the nearest cent.) $ Need Help? Read It Watch Master it It MY NOTES PRACTICE ANOTHER -/1 Points] -] DETAILS BRECMBC9 12.111.006. ASK YOUR TEACHER . You have just been hired as a loan officer at a national bank. Your first assignment is to calculate the amount of the periodic payment (in $) required to amortize (pay off) the following loan being considered by the bank (use Table 12 2). (Round your answer to the a $) (2 maternt.) Loan Payment Payment Period Term of Nominal Present Value Loan (years) Rate (%) (Amount of Loan) every year 12 6 $20.000 Need Help? Read It -/1 Points) DETAILS BRECMBC9 12.111.008. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You have just been hired as a loan officer at a national bank. Your first assignment is to calculate the amount of the periodic payment (In $) required to amortize (pay off) the following loan being considered by the bank (use table 12-2). (Round your answer to the nearest cent.) I can Payment Payment Period Term of Nominal Present Value Ioan (years) Rate(%) (Amount of I can) ( $ every month - 6 $40,000