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Equal deposits are made into a sinking fund at the and of cach for seven years . Interest is 5.5 % compounded anmally , and
Equal deposits are made into a sinking fund at the and of cach for seven years . Interest is 5.5 % compounded anmally , and the maturity valuc of the fund is $ 20000 . Find the sizs of the annual deposits and construct a sinking fund schedule ,
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