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Create the sinking fund table for the following: a 3 year loan of $10,000, with interest payable semiannually at the nominal interest rate of 8%
Create the sinking fund table for the following: a 3 year loan of $10,000, with interest payable semiannually at the nominal interest rate of 8% is to be retired by a sinking fund funded by quarterly deposits earning an effective nominal interest rate of 6% compounded semiannually
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