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Home Q & A Board Science-Related Homework Help Mathematics
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carlvh37 carlvh37
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A year ago
For the sinking fund calculate (rounded to the nearest dollar):


a) The size of the periodic sinking fund payment
b) The balance in the sinking fund at the time indicated in the last column. (Round the sinking fund payment to the nearest dollar before calculating the balance.)
End-of-Term Amount in Sinking FundTermSinking Fund Rate of ReturnPayment and Compounding IntervalPayment at Beginning or End of Interval?Balance at the End of Interval
$8 million10 years7.5%1 monthEnd65
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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xoxoitaliangurlxoxoitaliangurl
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A year ago
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carlvh37 Author
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A year ago
Just got PERFECT on my quiz
bahajo
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Yesterday
Smart ... Thanks!
noodlelicker
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2 hours ago
this is exactly what I needed
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