Parents have set up a sinking fund in order to have $120,000 in 15 years for their

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Parents have set up a sinking fund in order to have $120,000 in 15 years for their children's college education. How much should be paid semiannually into an account paying 6.8% compounded semiannually?

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Question Posted: Apr 14, 2016 07:33 AM

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Parents have set up a sinking fund in order to have $120,000 in 15 years for their

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College Mathematics for Business Economics Life Sciences and Social Sciences

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