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What amount will be in the sinking fund at the end of 12 years?

01 / 10 / 2021 Research Papers

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BEA-4 Bates Company issued $1,000,000, 10-year bonds and agreed to make annual sink- ing fund… 1 answer below » BEA-4 Bates Company issued $1,000,000, 10-year bonds and agreed to make annual sink- ing fund deposits of $78,000. The deposits are made at the end of each year into an account paying 6% annual interest. What amount will be in the sinking fund at the end of 12 years? Nov 30 2015 04:55 PM



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