A company needs to accumulate $1,800,000 in 3 years. How much must it set aside semi-annually at
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A company needs to accumulate $1,800,000 in 3 years. How much must it set aside semi-annually at 7% to meet this sinking fund goal?
Jenny bought a business for $340,000 by putting $40,000 down and financing the rest for 7 years at 12% compounding quarterly. How much is her quarterly payment?
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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