document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1131366>Question 1131366</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a sinking fund is established to obtain 75000 in five years.The interest rate is 10% and payments are made quarterly. Find the periodic payments </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #748019 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=748019\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> payments=A(r/n) divided by (1+(r/n))^nt-1<BR>\n" );
document.write( "=75000(.10/4)/(1.025)^20-1, the 20 being the number of total payments.<BR>\n" );
document.write( "=1875/0.6386.  Round at end<BR>\n" );
document.write( "=$2936.03 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );