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Use the sinking fund formula to determine the payment needed to reach the accumulated amount. Round the answer to the nearest cent. Annual payments with 5% interest compounded annually for 8 years to accumulate $6000
A. $736.92
B. $544.14
C. $628.33
D. $203.05
 one year ago
 one year ago
Use the sinking fund formula to determine the payment needed to reach the accumulated amount. Round the answer to the nearest cent. Annual payments with 5% interest compounded annually for 8 years to accumulate $6000 A. $736.92 B. $544.14 C. $628.33 D. $203.05
 one year ago
 one year ago

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darkb0nebeautyBest ResponseYou've already chosen the best response.1
the answer is C$628.33
 one year ago
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