Question: Second Hand Software needs to accumulate $12,000 in 3 years to meet future needs. What sinking fund payment would they need to make at the

Second Hand Software needs to accumulate $12,000 in 3 years to

Second Hand Software needs to accumulate $12,000 in 3 years to meet future needs. What sinking fund payment would they need to make at the end of each 6-month, at 6% interest compounded semiannually? $1,510.34 $3,769.32 $1,855.17 $3,634.15

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