Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
rolpace88 rolpace88
wrote...
Go to Answer
Posts: 3242
Rep: 25 0
8 years ago
Which of the following statements is true regarding a sinking fund?
I. it is used to accumulate money by the end of a certain period of time to pay off a financial obligation
II. it is a payment into an ordinary annuity to yield a desired future value
A) both I and II
B) II only
C) neither I nor II
D) I only
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 155 times
3 Replies
Replies
Answer verified by a subject expert
MillionMillion
wrote...
#1
Top Poster
Posts: 3708
Rep: 364 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

rolpace88 Author
wrote...
#2
8 years ago
That is correct Slight Smile

Thx
wrote...
#3
8 years ago
A thumbs up would be appreciated Smiling Face with Glasses
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1194 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 135
  
 371
  
 313
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Where do you get your textbooks?