Copernicus borrows l and repays the principal by making ten
Copernicus borrows $L and repays the principal by making ten annual payments at the end of the year into a sinking fund which earns an annual effective rate of 8%. The interest earned on the sinking fund in the third year is $85.57. Determine L.
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for your second submission toward your unit vii research paper you will need to submit a draft of your research paper
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