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please help Find the monthly payment R needed to have a sinking fund accumulate the future value A. The yearly interest rate r and the
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Find the monthly payment R needed to have a sinking fund accumulate the future value A. The yearly interest rate r and the time t in years are given below. Interest is compounded monthly. A=$6,000;r=3%;t=1 R=$ (Round up to the nearest cent.)Step by Step Solution
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