Recent Posts • Latest Topics • Unanswered Questions

Complete the sinking fund schedule below. The rate of return is 6% compounded annually. Round the ...

funkiiee

wrote...

Go to Answer

Posts: 159

Rep:

A year ago

Complete the sinking fund schedule below. The rate of return is 6% compounded annually. Round the ...

Complete the sinking fund schedule below. The rate of return is 6% compounded annually. Round the periodic interest earnings to the nearest dollar.

PMT #	PMT ($) (at end)	Interest ($)	Increase in Fund ($)	Balance in Fund ($)
0	-	-	-	0
1	96,770
2	96,770	5806	102,576	199,346
3	96,770	11,961	108,731	308,077
4	96,770	18,485	115,255	423,332
5	96,770
6	96,770	32,730	129,500	675,002

Textbook

Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

Read 52 times

1 Reply

Report

Replies

Answer verified by a subject expert

awbradshaw

wrote...

Posts: 141

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

funkiiee Author

wrote...

A year ago

This site is awesome

momochiime

wrote...

Yesterday

This calls for a celebration Person Raising Both Hands in Celebration

Morgan-C

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

552 People Browsing

138 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

438

419

1770

Your Opinion

Previous poll results: What's your favorite coffee beverage?

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.