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tunisia81 tunisia81
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10 months ago
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?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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prospectjayprospectjay
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10 months ago
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tunisia81 Author
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10 months ago
Just got PERFECT on my quiz
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Thanks for your help!!
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2 hours ago
Thank you, thank you, thank you!
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