Question: A company determines that It will need to replace 125,000 in equipment in years . They begin a sinking fund. How much will they need

A company determines that It will need to replace 125,000 in

A company determines that It will need to replace 125,000 in equipment in years . They begin a sinking fund. How much will they need to be deposited each quarter if they find a fund that pays 61. compounded quartely ? At the end of the 1 year period , how much strong of the fond will the company deposit

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