Question: Please help Find the interest rate needed for the sinking fund to reach the required amount. Assume that the compounding period is the same as

Please help

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. $11,795 to be accumulated in 3 years: quarterly payments of $900 The interest rate needed is approximately 3% (Type an integer or decimal rounded to two decimal places as needed.)

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