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Using the sinking fund formula or a financial calculator, complete the following: (Do not rounc answer to the nearest cent.) Answer is complete but not

image text in transcribed Using the sinking fund formula or a financial calculator, complete the following: (Do not rounc answer to the nearest cent.) Answer is complete but not entirely correct. Required amount Frequency of payment Length of time Interest rate Payment amount end of each period 24,800 Quarterly years % $ 39,888.32

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