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Home Q & A Board Science-Related Homework Help Mathematics
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xiaily xiaily
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9 months ago
Air Canada is setting up a sinking fund to replace aircraft in 20 years. The fund is expected to accumulate $500,000,000 by making equal deposits at the end of every three months earning 7% compounded quarterly. By how much will the sinking fund grow during the 14th year?

▸ $11,641,862

▸ $29,457,474

▸ $45,722,052

▸ $142,939,067

▸ $273,079,346
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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karisantikarisanti
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9 months ago
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xiaily Author
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9 months ago
This site is awesome
husne
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
acaruso
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2 hours ago
Correct Slight Smile TY
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