A $100,000 debt is being repaid over 10 years using a sinking fund earning j1 = 6%.

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A $100,000 debt is being repaid over 10 years using a sinking fund earning j1 = 6%. What is the book value of the debt after 4 years?

Posted Date: May 09, 2024 01:37 AM

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A $100,000 debt is being repaid over 10 years using a sinking fund earning j1 = 6%.

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To calculate the book value of the debt after 4 years we need to use the s... View the full answer

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