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rventurec rventurec
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A year ago
Complete the sinking fund schedule below. The rate of return is 7% compounded semiannually. Round the periodic interest earnings to the nearest dollar.

PMT #PMT ($) (at end)Interest ($)Increase in Fund ($)Balance in Fund ($)
0---0
1122,135
2122,1354275126,410248,545
3122,1358699130,834379,379
4122,13513,278135,413514,792
5122,135
6122,13522,923145,058800,003
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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hamusa4hamusa4
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A year ago
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rventurec Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
mikey3091
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
shimyshiguy
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2 hours ago
Good timing, thanks!
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