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Business, 20.02.2022 15:40 kingdrex4772

Jeff Associates borrowed $39,000. The company plans to set up a sinking fund that will repay the loan at the end of 8 years. Assume a 12% interest rate compounded semiannually. What must Jeff pay into the fund each period of time

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Jeff Associates borrowed $39,000. The company plans to set up a sinking fund that will repay the loa...
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