"To pay off $58000000 worth of new construction bonds when they come due in 29 years, a water municipality must deposit money into a sinking fund. Payments to the fund will be made quarterly, starting three months from now. If the interest rate for the sinking fund is 8.1% compounded quarterly, how much will each deposit be?" A) 127218.76 B) 347627.74 c) 93986.18 D) 150474.25 E) 322897.74

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