Question: Homework: Homework for Section 5.3 Question 8, 5.3.21 - T HW Score: 37.76%, 5.29 of 14 points O Points: 0 of 1 Save Find the

Homework: Homework for Section 5.3 Question 8, 5.3.21 - T HW Score: 37.76%, 5.29 of 14 points O Points: 0 of 1 Save Find the interest rate needed for the sinking fund to reach the required amount. Assume that the compounding period is the same as the payment period $21,836 to be accumulated in 4 years: quarterly payments of $1225. CODE The interest rate needed is approximately 1%. Tuna on intern danima

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