Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period.$92,000; money earns 7% compounded quarterly for 

A. $1262.83
B. $2965.12
C. $2824.65
D. $6363.90


Answer: D

Mathematics

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