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Business, 04.07.2020 17:01 karlamiddleschool

Find the periodic payments PMT necessary to accumulate the amount given in a sinking fund. HINT [See Example 2.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $50,000 in a fund paying 5% per year, with quarterly payments for 20 years PMT

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Find the periodic payments PMT necessary to accumulate the amount given in a sinking fund. HINT [See...
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