Question
A company estimates that it will need $ 77,000 in 18 years to replace a computer. If it establishes a sinking fund by making fixed
A company estimates that it will need $ 77,000 in 18 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 4.5 % compounded monthly, how much should each payment be?
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Fundamentals Of Healthcare Finance
Authors: Louis C. Gapenski
2nd Edition
1567934757, 978-1567934755
