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How much should be deposited monthly into a sinking fund over 4 years to accumulate $263,000 if the money earns 12% compounded monthly? A. $4,295.84

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How much should be deposited monthly into a sinking fund over 4 years to accumulate $263,000 if the money earns 12% compounded monthly? A. $4,295.84 B. $6,564.48 C. $3,282.24 D. $5,175.84

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