For the sinking fund, use Table 12-1 to calculate the amount (in $) of the periodic payments needed to amount to the financial objective (future value of the annuity). (Round your answer to the nearest cent.) Sinking Fund Payment 27658 Payment Frequency x every year Time Period (years) 14 Nominal Interest Rate (%) Compounded annually Future Value (Objective) $750,000

8. Deposits of 1000 are placed into a fund at the end of each year for the next 25 years for the subsequent purchase of a perpetuity. Five years after the last deposit, annual payments commence and continue forever. If i = .09 then find the amount of each payment.

Use the sinking fund formula shown to the right to determine the monthly payment needed to accumulate ​$400,000 with 7​% interest are compounded monthly for 29 years.   The monthly invested payment is ​$

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 = $1,500,000, r = 4.7%, compounded semiannually for 25 years