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Find the amount of each payment into a sinking fund for the following. ** kidnly help on this by words/ excel. hand written hard to
Find the amount of each payment into a sinking fund for the following.
** kidnly help on this by words/ excel. hand written hard to read. thanks!
Amount Needed Years Until Needed Interest Rate Interest Compounded annually Amount of Payment 13. $100,000 9 6% 14. $250,000 10 8% 15. $360,000 11 6% semiannually quarterly semiannually 16. $800,000 12 10%Step by Step Solution
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