In order to establish a sinking fund of $125,000,how much will have to be invested at the end of each year at the rate of 11.2% compounded annually for 8 years?

Name: In order to establish a sinking fund of $125,000,how much will have to be invested at the end of each year at the rate of 11.2% compounded annually for 8 years?
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

The Answer of In order to establish a sinking fund of $125,000,how much will have to be invested at the end of each year at the rate of 11.2% compounded annually for 8 years?

In Order to Establish a Sinking Fund of $125,000,how Much