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Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period.
$95 comma 000; money earns 6% compounded semiannually for 2 and one half
years
Question content area bottom
Part 1
The payment size is $
enter your response here.
(Do not round until the final answer. Then round to the nearest cent.)
