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Jon wishes to accumulate $4,500 in 8 years for a long vacation. Use Table 121...

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Accounting

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Jon wishes to accumulate $4,500 in 8 years for a long vacation. Use Table 121 from your text to find the sinking fund payment he would need to make at the END of every six months, at 4% interest compounded semiannually. a) $241.43 b) $233.97 c) $207.63 d) $344.10

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