Tara wishes to accumulate $25,000 in 3 years. Use the appropriate formula to lind the sinking lund payment in $) she would need to make at the end of each six months, at 4% interest compounded semiannually. (Round your answer to the nearest cent.) $ Need Help? Read Watch It Master (-/1 Points] DETAILS BRECMBC9 12.111.021.MI. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Use the appropriate formula to find the struxlication payment (in S) you woull raced to make each month, 125. inter compounced monthly, to pay olla kun of $8,500 in 3 ms. (Round your answer to the cast cont.) Need Help? Read It Watch It Masters [-/1 Points) DETAILS BRECMBC9 12.111.022. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Solve by using the sinking fund or amortization formula Arrufacturing company has the time that it will need $600,000 in 7 years for a new rexif on its suheten tsjinal warehouse. A sinking fund is cstablished for the roafat 1.6%. Compound manually. What cual payments (in $) ate texuircil every 6 months to accumulate the needed funds for the roof? (Round your answer to the nearest cent.) Need Help? Read (-/1 Points) DETAILS BRECMBC9 12.111.024. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Solve by using the sinking fund or amortization formula Betty Price purchased a new home for $235,000 with a 20% down payment and the remainder amortized over a 15 year period at 9% interest. (a) What amount (in s) did Betty finance? (b) What equal monthly payments (in S) are required to amortize this lanter 15 years? (Round your answer to the nearest rent.) (c) What equal monthly payments (in s) are required if Betty decides to take a 20 year loan rather than a 15 year loan? (Round your answer to the nearest cent.) Need Help? Read it