Calculus: Other Calculus Problems – #9559


Question: Find the amount of each payment that must be made into a sinking fund to accumulate the following amount. (Recall, in a sinking fund, payments are made at the end of every interest period.)

$57,000; money earns 6% compounded semiannually for 8 ½ years.





log in

reset password

Back to
log in
Do NOT follow this link or you will be banned from the site!