Question: Lina sets up a Sinking Fund so that she can pay off $72,000 in 4 years. She will make semiannual payments, at 14% compounded semiannually.
Lina sets up a Sinking Fund so that she can pay off $72,000 in 4 years. She will make semiannual payments, at 14% compounded semiannually. Go to the row that says Payment Number 7. What is the value that should be placed in Total Account
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