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Question 4: (A) A company borrowed $ 18,000. The company plans to set up a sinking fund that will pay back the loan at the

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Question 4: (A) A company borrowed $ 18,000. The company plans to set up a sinking fund that will pay back the loan at the end of 7 years. Assuming a rate of 10% compounded semiannually, find the Sinking Fund of the ordinary annuity. (B) An employee decided to invest $ 750 quarterly for 9 years in an ordinary annuity at 12%. What is the total cash value of the annuity at end of year 9? (C) What must YOU invest today to receive an annuity of $ 1,250 for 10 years compounded at 16% quarterly when all withdrawals will be made at the end of each period

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