A company needs to accumulate $1,800,000 in 3 years. How much must it set aside semi-annually at

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A company needs to accumulate $1,800,000 in 3 years. How much must it set aside semi-annually at 7% to meet this sinking fund goal?

Jenny bought a business for $340,000 by putting $40,000 down and financing the rest for 7 years at 12% compounding quarterly. How much is her quarterly payment?

Related Book For answer-question

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: Apr 03, 2024 10:00 PM

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A company needs to accumulate $1,800,000 in 3 years. How much must it set aside semi-annually at

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Certainly Lets tackle these sinking fund problems one at a time Company Sinking Fund To calculate th... View the full answer

Financial Management for Public Health and Not for Profit Organizations

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