What equal annual series of payments must be paid into a sinking fund in order to accumulate
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What equal annual series of payments must be paid into a sinking fund in order to accumulate each of the following given amounts?
(a) $18,000 in 13 years at 5% compounded annually.
(b) $11,000 in eight years at 6% compounded annually.
(c) $8,000 in 25 years at 8% compounded annually.
(d) $12,000 in eight years at 6.85% compounded annually.
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