Top Posters
Since Sunday
9
M
4
4
k
4
j
4
s
4
k
3
e
3
t
3
R
3
k
3
j
3
New Topic  
dalvirb dalvirb
wrote...
Posts: 100
Rep: 0 0
A month ago

Lee Associates borrowed $60,000. The company plans to set up a sinking fund that will pay back the loan at the end of 12 years. Assuming a rate of 8% compounded semiannually, the amount to be paid into the fund each period is):



$1,350



$1,535.21



$1,653



$5,163

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
Read 12 times
1 Reply
Replies
Answer verified by a subject expert
mouallemjmouallemj
wrote...
Posts: 109
Rep: 1 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

dalvirb Author
wrote...

A month ago
this is exactly what I needed
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  826 People Browsing
 152 Signed Up Today
Related Images
  
 756
  
 1458
  
 555
Your Opinion
Which country would you like to visit for its food?
Votes: 138