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Use the sinking fun...
Mathematics, 20.06.2021 07:50 mcclendoncassandra
Ook
This Question: 1 pt
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This Quiz
d
Use the sinking fund formula shown to the right to determine the monthly payment needed to accumulate $200,000 with 9% interest are
compounded monthly for 26 years.
Ñ€
arce
The monthly invested payment is $
(Round up to the nearest cent)
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