Question: Given the following information: a ) Original loan amount = $ 1 0 0 , 0 0 0 b ) Second year debt service =

Given the following information:
a) Original loan amount =$100,000
b) Second year debt service =$ 11,120
c) First year interest payment =$ 11,000
d) Annual amortization & payment.
What is the sinking fund factor for this loan?

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