The Baxter Corporation started making sinking fund deposits of $50,000 per quarter today. Baxters bank pays 8%
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The Baxter Corporation started making sinking fund deposits of $50,000 per quarter today. Baxter’s bank pays 8% compounded quarterly, and the payments will be made for 10 years. What will the fund be worth at the end of time? (Use Annuity due formula)
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
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