Question: What is meant by a sinking fund? Give an example of a sinking fund. What is meant by a sinking fund? A . A fund
What is meant by a sinking fund? Give an example of a sinking fund.
What is meant by a sinking fund?
A A fund set up to receive periodic payments
B A fund into which only a single deposit is made
C A fund that makes periodic payments to the investor
D A fund whose interest rate decreases over time
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