Hot wheels depot needs to accumulate 25000 in 6 years to


Hot Wheels Depot needs to accumulate $25,000 in 6 years to purchase new equipment. What sinking fund payment would they need to make at the END of every three months, at 8% interest compounded quarterly? (Use Table 12-1 from your text)

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Financial Accounting: Hot wheels depot needs to accumulate 25000 in 6 years to
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