Find the Amount of Each Payment Needed to Accumulate the Indicated

question 40

Multiple Choice

Find the amount of each payment needed to accumulate the indicated amount in a sinking fund. Round to the nearest
cent.
-$5,100, money earns 6% compounded quarterly, 4 years

• A)$941.61
• B)$573.55
• C)$284.43
• D)$1,165.81

---

Definitions:

Colostomy Irrigation

A routine procedure performed by individuals with a colostomy, where water is used to cleanse the colon through the stoma, aiding in regulating bowel movements.

Abdominal Cramps

A sharp, intense pain within the stomach or lower abdominal area.

Vestigial Organ

A part of the body that has lost most or all of its original function through the process of evolution.

Tarry Stool

Black, sticky feces indicative of bleeding in the upper gastrointestinal tract, often a sign of a serious medical condition.