rob henson, an accountant with southwest airlines, wants to reture 50% of southwest air lines by 2038. calculate the payment rob needs to make by the end of each year at 6% compounded annually to reach his goal of paying off $300,000 in 20 years. what is the annual payment required ?

Rob Herndon, an accountant with Southwest Airlines, wants to retire 50% of Southwest Airlines bonds by 2038 . Calculate the payment Rob needs to make at the end of each yeas at 6% compounded annually to reach his goal of paying off $300,000 in 20 years. (Use Table 13.3.) Note: Do not round intermediate calculations. Sinking fund table 6 based on $1