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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 34
Mary Evans plans to buy a used car when she starts college three years from now. She can make deposits at the end of each month into a 6% sinking fund account compounded monthly. If she wants to have $14,500 available to buy the car, what should be the amount of her monthly sinking fund payments?
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Calculate the amount of a sinking fund p...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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