Question: Solve by using the sinking fund or amortization formula. ( Round to nearest cent ) Payment frenquency - every 3 months Time period - 6

Solve by using the sinking fund or amortization formula. (Round to nearest cent)
Payment frenquency- every 3 months
Time period -6 years
Nominal rate-6.0%
Interest compounded- quarterly
Futute value (objective)-7,000

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