Asked by Matt
The amount desired in a sinking fund is given. Find the periodic payments required to obtain the desired amount.
A = $75,000, the interest rate is 7.2%, and payments are made quarterly for 4 years.
A = $75,000, the interest rate is 7.2%, and payments are made quarterly for 4 years.
Answers
Answered by
Reiny
same as the previous one you posted
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