Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a corporation creates a sinking fund in order to h

A corporation creates a sinking fund in order to have 340 000 to replace some...

90.2K

Verified Solution

Question

Basic Math

image

A corporation creates a sinking fund in order to have 340 000 to replace some machinery in 8 years How much should be placed in this account at the end of each week if the annual interest rate is 6 2 compounded weekly Round your answers to the nearest cent 631 78 How much interest would they earn over the life of the account 77179 52 Determine the value of the fund after 2 4 and 6 years 2 years 3072 75 4 years 1441 22 6 years 900 23 x x How much interest was earned during the second week of the 4th year

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

7 Evaluate at x 4 g x 53 1 3e 4x none of these 8...

Mechanical Engineering
1.2K views

Which of the following items best describes the role of CAD in an organization?A) It generates...

Geometry
1.2K views

Find the value of x in the regular pentagon below 4x 12

Calculus
1.2K views

dy Let y t be the solution to dr y satisfying y 0 2 dt...

Calculus
1.2K views

scale from 0 to 50 in intervals of 5 Six plotted points are generally falling...

Algebra
1.2K views

8 Determine if the point 0 4 is a solution to the system of inequalities...

Accounting
1.2K views

Brothers Mike and Tim Hargen began operations of their tool and die shop...

Accounting
1.2K views

segment is droppect. The information is avaidable for the segments. Wot imeirne C. Iolentily one...

Accounting
1.2K views

Mutual fund investors delegate all of the following decisions to the fund's managers EXCEPT A)...

Accounting
1.2K views

1. 2. 1 THE ATHLETIC ATTIC Income...

Accounting
1.2K views

Tim, a single taxpayer, operates a business as a single-member LLC. In 2022, his LLC...

Finance
1.2K views

An insurance appraisal is one reasonable source to use for estimating physical assets' replacement cost....