Question
In: Finance
Find the monthly payment R needed to have a sinking fund accumulate the future value A....
Find the monthly payment R needed to have a sinking
fund accumulate the future value A. The yearly interest rate r and
the time t in years are given below. Interest is compounded
monthly.
A=10,000 r=5% t=4
r=
round up to nearest cent
Solutions
jeff jeffy answered 3 years agoRelated Solutions
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