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AyayaiCorporation, having recently issued a $20,025,900,15-year bond issue, is committed to make annual sinking fund deposits of $624,000. The deposits are made on the last
AyayaiCorporation, having recently issued a $20,025,900,15-year bond issue, is committed to make annual sinking fund deposits of $624,000. The deposits are made on the last day of each year and yield a return of10%.
Future value of an ordinary annuity$
enter a dollar amount rounded to 0 decimal places
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