Question: Use the sinking fund formula to determine the payment needed to reach the accumulated amount. To ensure that enough is invested each period, round the

Use the sinking fund formula to determine the payment needed to reach the accumulated amount. To ensure that enough is invested each period, round the answer up to the nearest cent Weekly payments with a 9.7% interest rate compounded weekly for 20 years to accumulate $600,000 The weekly payment needs to be S (Round up to the nearest cent.) *(H) RE -1

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