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Sepia Inc. issued bonds for $ 3 2 5 , 0 0 0 that were redeemable in 9 years. They established a sinking fund that
Sepia Inc. issued bonds for $ that were redeemable in years. They established a sinking fund that was earning compounded semiannually to pay back the principal of the bonds on maturity. Deposits were being made to the fund at the end of every months.
Calculate the size of the periodic sinking fund deposit.
Calculate the sinking fund balance at the end of the payment period
Calculate the interest earned in payment period
Calculate the amount by which the sinking fund increased in payment period
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