If it establishes a sinking fund by making fixed monthly
A company estimates that it will need $ 67,00 in 7 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 6.3% compounded? monthly, how much should each payment? be?
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a company estimates that it will need 6700 in 7 years to replace a computer if it establishes a sinking fund by making
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