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What is meant by a sinking fund? Give an example of a sinking fund. What is meant by a sinking fund? A . A fund

What is meant by a sinking fund? Give an example of a sinking fund.

What is meant by a sinking fund?

.

A fund set up to receive periodic payments

.

A fund into which only a single deposit is made

.

A fund that makes periodic payments to the investor

.

A fund whose interest rate decreases over time

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