find the interest rate needed for the sinking fund to reach the required amount assume that the compounding period is the same as the payment period 40000 to be accumulated in 10 years annua 39306
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Determine the interest rate needed to accumulate the following amounts in a sinking fund, with monthly payments as given. Accumulate 56,000, monthly payments of 300 over 12 years | Numerade
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Answered: find the interest rate needed for the sinking fund to reach the required amount. assume that the compounding period is the same as they payment period. $24,870… | bartleby
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