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The NVBN sets up a sinking fund with the objective of having $12,000,000.00 in 12 years. An examination of the fund just after the 4th
The NVBN sets up a sinking fund with the objective of having $12,000,000.00 in 12 years. An examination of the fund just after the 4th year shows the fund contains $2,566,420.96. Calculate the required annual contribution into the sinking fund for the remaining 8 years if the estimated rate for the next 8 years is 9% c.a
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
