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Find the amount of each payment to be made into a sinking fund which earns 7% compounded quarterly and produces $48,000 at the end of
Find the amount of each payment to be made into a sinking fund which earns 7% compounded quarterly and produces $48,000 at the end of 3.5 years. Payments are made at the end of each period.
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Elementary Linear Algebra with Applications
Authors: Howard Anton, Chris Rorres
9th edition
471669598, 978-0471669593
