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K A business must raise $70,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4%
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A business must raise $70,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4% compounded quarterly? (Round your answer to the nearest cent.) Read It A business must raise $70,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4% compounded quarterly? (Round your answer to the nearest cent.) Read It
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