Mathematics, 08.10.2019 02:00 anna4060
find the monthly payment, r, needed to have a sinking fund accumulate the future value, a. the yearly interest rate, r, and the number of payments, n, are given. interest is compounded
monthly. use the formula for finding the future value of an ordinary annuity.
a = $9,000; r = 4%; n = 48
Answers: 2
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find the monthly payment, r, needed to have a sinking fund accumulate the future value, a. the yearl...
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