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13. Find the annual sinking fund payment required to accumulate $660,000 in 9 years at a 4% annual interest rate. 14. If you want to

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13. Find the annual sinking fund payment required to accumulate $660,000 in 9 years at a 4% annual interest rate. 14. If you want to purchase a new machine, and you are willing to pay $320,000. If you can invest at 8% per year and you currently have $110,000, how long will it be before you have enough money to pay cash for the machine

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