Question: Equal deposits are made into a sinking fund at the end of each year for ve years. Interest is 8.3% compounded annually, and the maturity:r

Equal deposits are made into a sinking fund at
Equal deposits are made into a sinking fund at the end of each year for ve years. Interest is 8.3% compounded annually, and the maturity:r 1uralue of the fund is $1?,000. a.] Calculate the size of the annual deposits. |:| b.] Calculate the increase in the fund for the fourth year. |:|

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