D
Lee Associates borrowed $60,000. The company plans to set up a sinking fund that
will pay b...
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Business, 10.03.2021 04:40 tylorroundy
D
Lee Associates borrowed $60,000. The company plans to set up a sinking fund that
will pay back the loan at the end of 12 years. Assuming a rate of 8% compöunded
semiannually, the amount to be paid into the fund each period is):
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