What equal annual series of payments must be paid into a sinking fund to accumulate the following
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(a) $32,000 in 15 years at 8% compounded annually
(b) $55,000 in 10 years at 6% compounded annually
(c) $35,000 in 20 years at 7% compounded annually
(d) $8,000 in 4 years at 11% compounded annually
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a A 32000 A F 815 117...View the full answer
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