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


Title: Complete the sinking fund schedule below. The rate of return is 7% compounded semiannually. Round ...
Post by: rventurec on Jun 25, 2023
Complete the sinking fund schedule below. The rate of return is 7% compounded semiannually. Round the periodic interest earnings to the nearest dollar.

PMT #PMT ($) (at end)Interest ($)Increase in Fund ($)Balance in Fund ($)
0---0
1122,135
2122,1354275126,410248,545
3122,1358699130,834379,379
4122,13513,278135,413514,792
5122,135
6122,13522,923145,058800,003

Title: Re: Complete the sinking fund schedule below. The rate of return is 7% compounded semiannually. Round ...
Post by: hamusa4 on Jun 25, 2023
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