Question: Lina sets up a Sinking Fund so that she can pay off $54,000 in 4 years. She will make semiannual payments, at 30% compounded semiannually.

Lina sets up a Sinking Fund so that she can pay

Lina sets up a Sinking Fund so that she can pay off $54,000 in 4 years. She will make semiannual payments, at 30% compounded semiannually. Go to the row that says Payment Number 8 . What is the value that should be placed in Amt of Deposit? $3,933.95$3,933.90$3,933.92$3,933.97

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