Mathematics, 16.01.2020 02:31 itaheart101
Find the amount of each payment to be made into a sinking fund which earns 9% compounded quarterly and produces $43 comma 000 at the end of 3.5 years. payments are made at the end of each period.
Answers: 2
![A[\frac{1+(\frac{r}{n})^{n}-1 }{(\frac{r}{n} )}]](/tpl/images/0457/0123/ba443.png)
![A[\frac{1+(\frac{0.09}{4})^{14}-1 }{(\frac{0.09}{4} )}]](/tpl/images/0457/0123/22e90.png)
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Find the amount of each payment to be made into a sinking fund which earns 9% compounded quarterly a...
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