(Solution) - For each of the sinking funds calculate rounded to the -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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For each of the sinking funds, calculate (rounded to the nearest dollar):
a. The size of the periodic sinking fund payment.
b. The balance in the sinking fund at the time indicated in the last column. (Round the sinking fund payment to the nearest dollar before calculating the balance.)