This quiz: 5 point(s) Question 1 of 5 possible This question: 1 point(s) possible Submit quiz Find the amount of each payment to be made into a sinking fund which earns 5% compounded quarterly and produces K $40,000 at the end of 2.5 years. Payments are made at the end of each period. The payment size is $ (Do not round until the final answer. Then round to the nearest cent.)