Will and jane sparks are establishing a college fund for their 1-year-old daughter, jennifer. they want to save enough now to pay college tuition at the time she enters college (17 years from now). if her tuition is projected to be $45,000 for a two-year degree, what annual sinking fund payment should they establish if the annual interest is 6%? click the icon to view the table.
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ps 11, 13, 14 18 of 20 (0 complete) 1 data table 1-year-old dl hey establish est cent as 5 0.1960398 0.1921584 0.1883546 0.18
the annual sinking fund payment is $ . (round to the nearest cent as needed.)