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Suppose you decide to use a sinking fund to save 5350000 for a house. If you plan to make 240 monthly payments and you pay

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Suppose you decide to use a sinking fund to save 5350000 for a house. If you plan to make 240 monthly payments and you pay 5.75% interest per annum compounded monthly, what is the required payment for an ordinary annuity 5780.21 51003.13 12457.29 13159:38

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