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a company estimates that it will need $108000 in 15 years to replace a computer. If it establishes a sinking fund by making fixed monthly
a company estimates that it will need $108000 in 15 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 5.4% compounded monthly, how much should each payment be?
Amount each payment should be ?
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Computerized Accounting With Quickbooks 2018
Authors: James B. Rosa, Kathleen Villani
1st Edition
0763882674, 9780763882679
