Tara wishes to accumulate $29,000 in 5 years. Use the appropriate formula to find the sinking fund payment (in $) she would need to make at the end of each six months, at 8% interest compounded semiannually. (Round your answer to the nearest cent.)

Logan had seamless rain gutters installed around her home at a cost of $1,900. She financed the total amount for 18 months at an annual interest rate of 2.5% compounded monthly. What is the amount of her monthly payment? (Round your answer to the nearest cent.

Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years and wishes to withdraw $15,000/month for 20 years from her retirement account starting at that time. How much must she contribute each month for 30 years into a retirement account earning interest at the rate of 3%/year compounded monthly to meet her retirement goal? (Round your answer to the nearest cent.)$

Solve by using the sinking fund or amortization formula. A manufacturing company has determined that it will need $600,000 in 7 years for a new roof on its southeastern regional warehouse. A sinking fund is established for the roof at 3.6% compounded semiannually. What equal payments (in $) are required every 6 months to accumulate the needed funds for the roof? (Round your answer to the nearest cent.) $

You would like to have $25,000 set aside for your child’s college fund in 12 years by making regular,semiannual deposits in an annuity that pays 6% compounded quarterly. How much should you deposit at the end of every four months? Round to the nearest cent.