. St. George's must invest in new piers to entice ships to enter the port. They...
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. St. George's must invest in new piers to entice ships to enter the port. They estimate that it will cost $ 5,000,000.00 in 20 years. They can invest in a sinking fund to finance this expenditure. What will they have to deposit semiannually at a 4.00% interest rate to fund this expenditure? . St. George's must invest in new piers to entice ships to enter the port. They estimate that it will cost $ 5,000,000.00 in 20 years. They can invest in a sinking fund to finance this expenditure. What will they have to deposit semiannually at a 4.00% interest rate to fund this expenditure?
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Statistics for Business and Economics
ISBN: 978-0132930192
8th edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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