document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1127930>Question 1127930</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A city has issued bonds to finance a new convention center. The bonds have a total face value of $3,750,000 and are payable in 6 years. A sinking fund has been opened to meet this obligation. If the interest rate on the fund is 6.7% compounded quarterly, what will be the quarterly payments? (Round your final answer to two decimal places.)<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #744403 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=744403\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 3750000=p(1+(.067/4)^24-1)/0.067/4<BR>\n" );
document.write( "=$128230.00 </SPAN>\n" );
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