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



Title: To provide for the automation of a production process in four years, Great Brewing is starting a ...
Post by: Neurosciencie on Jun 25, 2023
To provide for the automation of a production process in four years, Great Brewing is starting a sinking fund to accumulate $400,000 by the end of the five years. Round the sinking fund payments to the nearest dollar. If the sinking fund earns 7.5% compounded monthly, what monthly payments starting today should be made to the fund? If Great Brewing raise $90,000 by issuing new shares immediately, by how much can they lower their sinking fund payments, assuming all else remains constant.


Title: Re: To provide for the automation of a production process in four years, Great Brewing is starting a ...
Post by: piccola44 on Jun 25, 2023
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