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A company sold $150,000 bonds and set up a sinking fund that was earning 7% compounded semi-annually to retire the bonds in five years. If

A company sold $150,000 bonds and set up a sinking fund that was earning 7% compounded semi-annually to retire the bonds in five years. If it made equal deposits into the fund at the beginning of every six months, construct a partial sinking fund schedule showing the details for the first two and last two payments and the totals of the schedule.

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