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.$50,000; money earns 4% compounded semiannually for 

A. $1084.33
B. $510.03
C. $1000.11
D. $1040.93


Answer: D

Mathematics

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