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Save Homework: HW6 Score: 0 of 1 pt 16 of 16 (14 complete) HW Score: 81.... Bus Econ 3.3.33 Question Help A company estimates that

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Save Homework: HW6 Score: 0 of 1 pt 16 of 16 (14 complete) HW Score: 81.... Bus Econ 3.3.33 Question Help A company estimates that it will need $159,000 in 7 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 6.0% compounded monthly, how much should each payment be? The amount of each payment should be $ (Round to the nearest cent.)

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