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please help im stuck. show all work. will give thumbs up if answer is correct. A sinking fund is established to discharge a debt of
please help im stuck. show all work. will give thumbs up if answer is correct.
A sinking fund is established to discharge a debt of $90,000 in 25 years. If deposits are made at the end of each 6-month period and interest is paid at the rate of 5%, compounded semiannually, what is the amount of each deposit? (Round your answer to the nearest cent.) x Need Help? Bubmit Answer Road it
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
