What is the sinking-fund factor? How and why is it used?
Question:
What is the sinking-fund factor? How and why is it used?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
A sinkingfund factor is the reciprocal of interest facto...View the full answer
Answered By
Rinki Devi
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and helped them achieve great subject knowledge.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Real Estate Finance And Investments
ISBN: 9781264072941
17th Edition
Authors: William Brueggeman, Jeffrey Fisher
Question Posted:
Students also viewed these Business questions
-
Anita has borrowed $1,000 on which interest is charged at 6% effective.Anita is accumulating a sinking fund at 4% effective to repay the loan.At the end of 5 years, the balance in the sinking fund is...
-
The Vancouver Development Company has just sold a $100 million, 10-year, 12 percent bond issue. A sinking fund will retire over its life. Sinking fund payments are of equal amounts and will be made...
-
1. How much would an investor have to pay for one of these bonds to earn 4.4% compounded semi-annually? 2. (a) What is the size of the sinking fund payment? (b) What will be the total amount...
-
Methanol, CH3OH, is prepared industrially from the gasphase catalytic balanced reaction that has been depicted here using molecular models. In a laboratory test, a reaction vessel was filled with...
-
What are the different types of decisions and how does the decision-making process work? 1. List and describe the different levels of decision making and decision- making constituencies in...
-
Should some public sector employees be given the right to strike? If so, which ones? If not, what rights might they be given to help balance the bargaining process?
-
On January 2, 2018, The Register, a science and technology news site based in Britain, published an article revealing the existence of two major bugs leaving virtually all computers and smartphones...
-
Joses Electronic Repair Shop has budgeted the following time and material for 2014. Joses budgets 5,000 hours of repair time in 2014 and will bill a profit of $5 per labor hour along with a 30%...
-
The database contains three tables containing information about this company's sales process: Inventory, Sales, and SalesItems. Use the Relationships window to link the tables together. The...
-
The annual planning process at Century Office Systems, Inc. had been arduous but produced a number of important marketing initiatives for the next year. Most notably, company executives had decided...
-
What types of expenses would property owners pay when operating and maintaining common areas? Give examples for office, retail, and warehouse properties.
-
Mr. Investor has a property that he owns but would like to sell. He thinks that it is currently worth $100,000. He also thinks that in order to sell the property that he may need to provide seller...
-
In the July 29, 2001 issue of the Journal News (Hamilton, Ohio), Lynn Elber of the Associated Press reported that "while 40 percent of American families own a television set with a V-chip installed...
-
According to Northwestern Mutual, 56% of adults in the US don't know how much money they will need to save to retire. This can be problematic when setting up your long-term financial goals. In this...
-
A consulting company provides a $5,000 service to a client on October 30, 2022. The client receives the bill for services rendered and makes a cash payment on November 25, 2022. The consulting...
-
Glen Cooke invested in a limited partnership six years ago. At that time, he purchased one limited partnership investment unit for $15,000. In the years since Glen purchased his investment unit, the...
-
A multijunction solar cell with more than three junctions is used under sunlight with the intensity of 1000 Wm2. The solar cell has an area of 0.1 m and an efficiency of 21.9 %. The sunlight is...
-
Source word Anagrams late tale, teal. pate peat, tape. pare pear, reap. parse asper, pares, pears, prase. rate tare, tear. tales stale, slate, tesla, steal, least. east eats, sate, seat, seta, teas....
-
Harriman Entertainment produced and sold 100,000 video games for $10 each last year. Demand is strong for the companys video games, and the company believes that volume will increase by 25 percent if...
-
When an electric field is applied to a shallow bath of vegetable oil, why do tiny bits of thread floating in the oil align with the field like compasses in a magnetic field?
-
What is the difference between the equity of redemption and statutory redemption?
-
What is the difference between the equity of redemption and statutory redemption?
-
What special advantages does a mortgagee have in bidding at the foreclosure sale where the mortgagee is the foreclosing party? How much will the mortgagee normally bid at the sale?
-
Compare and contrast the traits characteristics and motives of two well known leaders. Discuss how these characteristics influenced their leadership style
-
Identify and discuss the social factors of organizational behavior that influence power and negotiations.
-
As an HR manager, what recommendations would you make to reduce a company's risk of being sued for workplace safety violations
Study smarter with the SolutionInn App