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MANUAL COMPUTATION PLEASE ANSWER ASAP What is the size of the sinking fund deposit for a debt that has an original principal of $40,000 over

MANUAL COMPUTATION PLEASE ANSWER ASAP

What is the size of the sinking fund deposit for a debt that has an original principal of $40,000 over 12 years? The deposits are quarterly and the interest rate on the sinking fund is 4.21% compounded annually.

a. 667.41

b. 647.41

c. 660.79

d. 640.77

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