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hellokidbye hellokidbye
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9 months ago
A distribution centre is planning for expansion in five years. They have set up a sinking fund account in order to accumulate $750,000 with deposits made at the beginning of each quarter at 5.5% compounded annually. To the nearest dollar, what should be the size of the quarterly payments?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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kimtrankimtran
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