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Find the periodic payment for sinking fund

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Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.)FV = $1,800,000, r = 8.9%, compounded semiannually for 40 years

Reference no: EM131259083

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Find the periodic payment for sinking fund : Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.)FV = $1,800,000, r = 8.9%, compounded semiannually for 40 years
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