Question
13- Create the sinking fund table for the following: a 2 year loan of $2000, with interest payable semiannually at the nominal interest rate of
13- Create the sinking fund table for the following: a 2 year loan of $2000, with interest payable semiannually at the nominal interest rate of 4% is to be retired by a sinking fund funded by quarterly deposits earning a nominal interest rate of 2% compounded semiannually.
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
