1 Data Table What semiannual sinking fund payment would be required to yield $45,000 eight years from now? The annual interest rate is 6% compounded semiannually. E: Click the icon to view the table. The sinking fund payment is $1(Round to the nearest cent as needed.) Periods 1% 2% 3% 4% 6% 8% 1 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 2 0.4975124 0.4950495 0.4926108 0.4901961 0.4854369 0.4807692 3 0.3300221 0.3267547 0.3235304 0.3203485 0.3141098 0.3080335 4 0.2462811 0.2426238 0.2390270 0.2354900 0.2285915 0.2219208 5 0.1960398 0.1921584 0.1883546 0.1846271 0.1773964 0.1704565 6 0.1625484 0.1585258 0.1545975 0.1507619 0.1433626 0.1363154 7 0.1386283 0.1345120 0.1305064 0.1266096 0.1191350 0.1120724 8 0.1206903 0.1165098 0.1124564 0.1085278 0.1010359 0.0940148 9 0.1067404 0.1025154 0.0984339 0.0944930 0.0870222 0.0800797 10 0.0955821 0.0913265 0.0872305 0.0832909 0.0758680 0.0690295 11 0.0864541 0.0821779 0.0780774 0.0741490 0.0667929 0.0600763 12 0.0788488 0.0745596 0.0704621 0.0665522 0.0592770 0.0526950 13 0.0724148 0.0681184 0.0670295 0.0601437 0.0529601 0.0465218 14 0.0669012 0.0626020 0.0585263 0.0546690 0.0475849 0.0412969 15 0.0621238 0.0578255 0.0537666 0.0499411 0.0429628 0.0368295 16 0.0579446 0.0536501 0.0496108 0.0458200 0.0389521 0.0329769 17 0.0542581 0.0499698 0.0459525 0.0421985 0.0354448 0.0296294 18 0.0509820 0.0467021 0.0427087 0.0389933 0.0323565 0.0267021 19 0.0480518 0.0437818 0.0398139 0.0361386 0.0296209 0.0241276 20 0.0454153 0.0411567 0.0372157 0.0335818 0.0271846 0.0218522 25 0.0354068 0.0312204 0.0274279 0.0240120 0.0182267 0.0136788 30 0.0287481 0.0246499 0.0210193 0.0178301 0.0126489 0.0088274 40 0.0204556 0.0165558 0.0132624 0.0105235 0.0064615 0.0038602 Print Done Enter your answer in the answer box