Choi Home Repair needs to accumulate $24,000 in 6 years to purchase new equipment. What...
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Choi Home Repair needs to accumulate $24,000 in 6 years to purchase new equipment. What sinking fund payment (in $) would they need to make at the end of each three months, at4% interest compounded quarterly? Use Table 12-1. (Round your answer to the nearest cent.)$
Choi Home Repair needs to accumulate $24,000 in 6 years to purchase new equipment. What sinking fund payment (in $) would they need to make at the end of each three months, at4% interest compounded quarterly? Use Table 12-1. (Round your answer to the nearest cent.)$
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