Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Martinique wishes to accumulate $12,500 in 3 years for a long vacation. Find the sinking fund payment she would need to make at the END of each six month period, at 8% interest compounded semiannually.

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The Answer of Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Martinique wishes to accumulate $12,500 in 3 years for a long vacation. Find the sinking fund payment she would need to make at the END of each six month period, at 8% interest compounded semiannually.

Use Tables 12-1 and 12-2 from Your Text to Answer