Question: Use the sinking fund formula to determine the payment needed to reach the accumulated amount. To ensure that enough is invested each period, round the

Use the sinking fund formula to determine the payment needed to reach the accumulated amount. To ensure that enough is invested each period, round the r answer up to the nearest cent. A Weekly payments with a 9.1% interest rate compounded weekly for 25 years to accumulate 3500,000 The weekly payment needs to be $:|. (Do not round until the final answer. Then round up to the nearest cent.) K

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