Question: Lina sets up a Sinking Fund so that she can pay off $72,000 in 4 years. She will make semiannual payments, at 14% compounded

Lina sets up a Sinking Fund so that she can pay off

Lina sets up a Sinking Fund so that she can pay off $72,000 in 4 years. She will make semiannual payments, at 14% compounded semiannually. Go to the row that says Payment Number 7. What is the value that should be placed in Interest Earned? Payment Number Amt of Deposit Interest Earned 1 2 3 4 5 6 8 ? Total in Account

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