For the Sinking Funds, Use Table 12-1 from Your Text

question 24

Short Answer

For the sinking funds, use Table 12-1 from your text to calculate the amount of the periodic payments needed to amount to the financial objective (future value of the annuity), rounding to the nearest cent: $\begin{array}{llllll}\text { Sinking Fund } & \text { Payment } & \text { Time } & \text { Nominal } & \text { Interest } & \text { Future Value } \\\underline{\text { Payment }} &\underline{ \text { Frequency }} & \underline{\text { Period }} & \underline{\text { Rate }} & \underline{\text { Compounded }} & \underline{\text { (Objective) }} \\& \text { every } 3 \text { months } & 2 \frac{3}{4} \text { yrs } & 12 \% & \text { quaterly } & \$ 25,000\end{array}$

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A pattern of eating that includes a balance of diverse foods providing nutrients and energy needed for good health and well-being.

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The sum of sugars, starches, and dietary fiber found in foods, often measured in grams on nutritional labels.

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Foods that are rich in protein, an essential nutrient necessary for the repair, maintenance, and growth of the body's tissues.