Find the amount of periodic payment necessary for each deposit to a sinking fund in Problems 35-46.
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Find the amount of periodic payment necessary for each deposit to a sinking fund in Problems 35-46.
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Amount Needed A 35. Frequency n $7,000 annually Rate r 0.5% Time t 5 yr
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To find the periodic payment necessary for each deposit into the sinking fund we can use the formula ...View the full answer
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