A business must raise $57,000 in 5 years. What should be the size of the owners' quarterly payment to a sinking fund paying 8% compounded quarterly?
?

A. $2,345.93
B. $3,140.32
C. $3,372.22
D. $2,913.61
E. $967.52


Answer: A

Mathematics

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What will be an ideal response?

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A.
B. - 
C.
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