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Home Q & A Board Science-Related Homework Help Mathematics
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itpf04 itpf04
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9 months ago
Murphy Company pays $15,000 into a sinking fund at the end of every month. The fund earns 9% compounded monthly. By how much will the sinking fund grow during the 5th year?

▸ $1,131,362

▸ $15,455

▸ $196,200

▸ $268,551

▸ $411,594
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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mnnewmanmnnewman
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9 months ago
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itpf04 Author
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9 months ago
Brilliant ツ
Lawson1981
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Yesterday
This helped my grade so much Perfect
missnoname
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2 hours ago
Correct Slight Smile TY
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