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Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amount $24.800 Frequency

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Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amount $24.800 Frequency of payment Quarterly Length of time 6 Years Interest rate 8% Payment amount end of each period

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