# math for business and finance

posted by
**melissa**
.

What sinking fund payment would be required at the end of each three-month period, at 8% interest compounded quarterly, in order to amount to $20,000 within 5 years?

posted by
**melissa**
.

What sinking fund payment would be required at the end of each three-month period, at 8% interest compounded quarterly, in order to amount to $20,000 within 5 years?