For the sinking fund, use Table $12-1$ to calculate the amount $($in $ $)$ of the periodic payments needed to amount to the financial objective $($future value of the annuity$).($Round your answer to the nearest cent.$)$

$\backslash$table$[[\backslash$table$[[$Sinking Fund$],[$Payment$]],\backslash$table$[[$Payment$],[$Frequency$]],\backslash$table$[[$Time Period$],[($years$)]],\backslash$table$[[$Nominal$],[$Rate $(\%)]],\backslash$table$[[$Interest$],[$Compounded$]],\backslash$table$[[$Future Value$],[($Objective$)]]],[,$every year,$14,8,$annually,$$750,000$