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A P50,000 debt is to be repaid at the end of one year. The debtor establishes a sinking fund that earns 8% interest compounded quarterly.
A P50,000 debt is to be repaid at the end of one year. The debtor establishes a sinking fund that earns 8% interest compounded quarterly. Construct a sinking fund schedule.
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The Sterling Bonds And Fixed Income Handbook
Authors: Mark Glowrey
1st Edition
0857190423, 978-0857190420
