Question 12 (8 points) The Yellow Market is planning to create a sinking fund of $ 280,000 by depositing equal payments at the end of every month for 7 years. Interest will be earned at 6.5% compounded monthly a) What is the amount of the monthly deposit b) What is the total amount to be deposited into the fund? c) How much interest will be earned over the 7 year period? d) What is the balance of the sinking fund after the 29th payment? e) What is the balance of the sinking fund after 4 years