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The Nelsons would like to take a cruise to Alaska in 5 years and will need $9,350. What amount should be deposited into a sinking

The Nelsons would like to take a cruise to Alaska in 5 years and will need $9,350. What amount should be deposited into a sinking fund each month to accumulate the money they will need? Assume the sinking fund earns 5.2%, compounded monthly. Use TVM worksheet.

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