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posted by Beth on Wednesday, December 7, 2011 at 9:43pm.
find the size of each 5 payments made at the end of each year into a 6% rate sinking fund which produces 76000 at the end of 5 years
let the payment be P P( 1.06^5 - 1)/.06 = 76000 P(.63709296) P = 13482.13
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