Top Posters
Since Sunday
n
6
t
5
k
4
j
4
d
4
d
4
t
4
a
4
d
4
m
4
d
4
p
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
cassandra_dan cassandra_dan
wrote...
Go to Answer
Posts: 139
Rep: 0 0
A year ago
Complete the partial sinking fund schedule showing the details of Payments 1, 2, 39, 40, 59, and 60. The rate of return is 5.25% compounded monthly. Round the periodic interest earnings to the nearest dollar.

PMT #PMT ($) (at beg)Interest ($)Increase in Fund ($)Balance in Fund ($)
0---0
187,284
287,28476588,049175,715
38---
3987,28416,200103,4843,719,128
4087,2843,823,065
58---
5987,28425,642112,9265,886,578
6087,28426,136
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 56 times
1 Reply
Replies
Answer verified by a subject expert
eap8eap8
wrote...
#1
Posts: 128
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

cassandra_dan Author
wrote...

A year ago
You make an excellent tutor!
2ne1_12345
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
rene_ram97
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1394 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 328
  
 371
  
 245
Your Opinion
Do you believe in global warming?
Votes: 488
Previous poll results: What's your favorite math subject?