Question: E Test: Exam 2 (Chapters 4 & 5) This test: 19 point(s) poss This question: 1 point(s) Find the amount of each payment to be

E Test: Exam 2 (Chapters 4 & 5) This test: 19 point(s) poss This question: 1 point(s) Find the amount of each payment to be made into a sinking fund earning 5% compounded monthly to accumulate $20,000 over 5 years. Payments are made at the end of each period. The payment size is $ (Do not round until the final answer. Then round to the nearest cent.)

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