Use Table 14 2 to find the sinking fund payment Desired future value 1 $24,000 2 $45,000 3 $8,000 4 $10,000 Annual interest rate 5 8 6 4 YearsFrequency of payments Sinking fund payment 10 4 17 19 Semiannually Quarterly Annually Annually...

1 Number of periods 10 2 20 Period rate 6 2 3 Table 142 value 00372157 Sinking fund payment ...

Use Table 14 - 2 to find the sinking fund payment: Desired future value 1. $24,000 2.

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Use Table 14 - 2 to find the sinking fund payment:

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Question Posted: Mar 11, 2016 01:56 AM

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Use Table 14 - 2 to find the sinking fund payment: Desired future value 1. $24,000 2.

Question:

Desired future value 1. $24,000 2. $45,000 3. $8,000 4. $10,000 Annual interest rate 5% 8% 6% 4% YearsFrequency of payments Sinking fund payment 10 4 17 19 Semiannually Quarterly Annually Annually

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1 Number of periods 10 2 20 Period rate 6 2 3 Table 142 value 00372157 Sinking fund payment ...View the full answer

Business Math

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