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Question 52

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Solve the application problem. Round to the nearest cent. Solve the application problem. Round to the nearest cent. -Green Thumb Landscaping wants to build a $129,000 greenhouse in 2 years. The company sets up a sinking fund with payments made quarterly. Find the payment into this fund if the money earns 8% compounded quarterly. A) $17,351.79 B) $12,127.29 C) $63,861.45 D) $15,029.79
-Green Thumb Landscaping wants to build a $129,000 greenhouse in 2 years. The company sets up a sinking fund with payments made quarterly. Find the payment into this fund if the money earns 8% compounded quarterly.


A) $17,351.79
B) $12,127.29
C) $63,861.45
D) $15,029.79

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