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For the sinking fund, calculate (Round your answer to the nearest dollar): a. The size of the periodic sinking fund payment. PMT $ b. The
For the sinking fund, calculate (Round your answer to the nearest dollar): a. The size of the periodic sinking fund payment. PMT $ b. The balance in the sinking fund at the time indicated in the last column. (Round the sinking fund payment to the nearest dollar before calculating the balance.) FV $ End-of-term Payment at Calculate amount of Sinking Payment and beginning balance at sinking fund Term fund rate compounding or end the end of ($ millions) (years) of return (%) interval of interval? interval 8 10 7.5 1 month End 65
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