Question: Solve by using the sinking fund or amortization formula. (Round your answer to the nearest cent.) Sinking fund payment (in $) Sinking Fund Payment Time

Solve by using the sinking fund or amortization formula. (Round your

Solve by using the sinking fund or amortization formula. (Round your answer to the nearest cent.) Sinking fund payment (in $) Sinking Fund Payment Time Nominal Interest Future Value Payment Frequency Period (years) Rate (%) Compounded (Objective) X every 3 months 4 6.0 quarterly $9,000 Need Help? Read It

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