Question: Explain your answer (1) A $14,000 lean is to be repaid by the sinking fund method, with irregular payments into the sinking fund. The table

Explain your answer

Explain your answer (1) A $14,000 lean is to be repaid by

(1) A $14,000 lean is to be repaid by the sinking fund method, with irregular payments into the sinking fund. The table below is a partially completed sinking fund table for this situation. Find the missing entries, noting that there was no payment at the end of the 3rd year

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