Question: Construct the complete sinking fund schedule. Calculate the total interest earned by adding up the interest earned column and by calculating the difference between the
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Sinking End-of-term amount of sinking fund ($) 550,000 Payment and Payment at Term (years) fund rate compounding beginning or interval of return (%) end of interval? 5.75 6 months Beginning
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Given FVdue 550000 n 24 8 i 5752 2875 Substitute into formula 131 and solve for PMT to obtain PM... View full answer
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