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Mathematics, 05.05.2021 04:30 AllyChance2564

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 and the years are given below. Interest is compounded monthly. A=$5,000 R=9.5% t=2

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Find the monthly payment R needed to have a sinking fund accumulate the future value A. The yearly i...
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