Business, 29.11.2019 01:31 lindasuebairdoyjpf7

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% compounded semiannually, the amount to be paid into the fund each period is (use the tables in the handbook): a. $1,350b. $1,536c. $1,653d. $5,163e. none of these

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