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a company anticipates a capital expenditure of $22,000 in 2 years for the purpose of purchasing new computers and has decided to set up a

a company anticipates a capital expenditure of $22,000 in 2 years for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. if the fund earns interest at the rate of 10% per year compounded quarterly determine the size of each equal quarterly installment that should be deposited in the fund

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