A company borrowed $ 67,000. The company plans to set up a sinking fund that will pay

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A company borrowed $ 67,000. The company plans to set up a sinking fund that will pay back the loan at the end of 8 years. Assuming a rate of 6% compounded semiannually, find the Sinking Fund of the ordinary annuity.

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Posted Date: Aug 23, 2020 04:16 PM

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A company borrowed $ 67,000. The company plans to set up a sinking fund that will pay

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College Accounting A Practical Approach

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