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Problem 3 - Section D3.3 A company establishes a sinking fund of $640,000 for ofce renovations that will occur in 8 years. They will make
Problem 3 - Section D3.3 A company establishes a sinking fund of $640,000 for ofce renovations that will occur in 8 years. They will make payments every 6 months. The investment pays 4.5% compounded semi-annually. Answer the questions below and write your final answer in a complete sentence using appropriate rounding and units. a) What is the size of the deposits? b) How much interest is earned in the 7th year? Problem 2 Section 2.4 Consider the function f(m) = V 5 9:. 3.) Use the four-step process outlined in this section or the process from the lecture videos to nd f'(m). b) Compute f'(2), f'(0), and f' (6) If you cannot compute the value, explain why
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