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Science-Related Homework Help Mathematics Topic started by: tunisia81 on Jun 25, 2023



Title: A company wants to accumulate $1,000,000 in the next four years for plant expansion. They have set ...
Post by: tunisia81 on Jun 25, 2023
A company wants to accumulate $1,000,000 in the next four years for plant expansion. They have set up a sinking fund account to which semiannual deposits will be made at 4.75% compounded semiannually. To the nearest dollar, what should be the size of the semiannual payments?


Title: Re: A company wants to accumulate $1,000,000 in the next four years for plant expansion. They have set ...
Post by: prospectjay on Jun 25, 2023
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