Find the sinking fund payment you would need to make at the end of each year, at 5% interest compounded annually, to amount to $8,000 in 2 years. (Use the appropriate formula)
A) $2,719.86
B) $1,537.27
C) $2,128.56
D) $3,902.44

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The Answer of Find the sinking fund payment you would need to make at the end of each year, at 5% interest compounded annually, to amount to $8,000 in 2 years. (Use the appropriate formula)
A) $2,719.86
B) $1,537.27
C) $2,128.56
D) $3,902.44

Find the Sinking Fund Payment You Would Need to Make