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A company has a $150,000 note due in 7 years. How much should be deposited at the end of each quarter in a sinking fund
A company has a $150,000 note due in 7 years. How much should be deposited at the end of each quarter in a sinking fund to pay off the note in 7 years if the interest rate is 10% compounded quarterly?
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Effective Communications
Authors: Elearn
1st Edition
1138456136, 9781138456136
