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zbuild007 zbuild007
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A year ago
Complete the sinking fund schedule below. The rate of return is 5.75% compounded semiannually. Round the periodic interest earnings to the nearest dollar.

PMT #PMT ($) (at beg)Interest ($)Increase in Fund ($)Balance in Fund ($)
0---0
160,390
260,390352263,912126,038
360,390536065,750191,788
460,390725067,640259,428
560,390
660,39011,19571,585400,598
760,39013,25373,643474,241
860,39015,37175,761550,002
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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mbiij16mbiij16
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zbuild007 Author
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A year ago
Thank you, thank you, thank you!
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Brilliant
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Helped a lot
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