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7. [-/1 Points] DETAILS HARMATHAP12 6.3.010. MY NOTES PRACTICE ANOTHER A sinking fund is established to discharge a debt of $50,000 in 10 years. If deposits are made at the end of each 6-month period and interest is paid at the rate of 7%, compounded semiannually, what is the amount of each deposit? (Round your answer to the nearest cent.) Need Help? Read It Show My Work (Optional) 8. [-/1 Points] DETAILS HARMATHAP12 6.3.011. MY NOTES PRACTICE ANOTHER If $5500 is deposited at the end of each quarter in an account that earns 5% compounded quarterly, after how many quarters will the account contain $70,000? (Round your answer UP to the nearest quarter.) quarters Need Help? Read It Show My Work (Optional) 9. [-/1 Points] DETAILS HARMATHAP126.3.012. MY NOTES PRACTICE ANOTHER If $3000 is deposited at the end of each half year in an account that earns 6.7% compounded semiannually, after how many half years will the account contain $110,000? (Round your answer UP to the nearest half year.) half years Need Help? Read It Watch It