Posted by **melissa** on Monday, April 29, 2013 at 9:35am.

What sinking fund payment would be required at the end of each three-month period, at 8% interest compounded quarterly, in order to amount to $20,000 within 5 years?

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March 23, 2017
Posted by **melissa** on Monday, April 29, 2013 at 9:35am.

What sinking fund payment would be required at the end of each three-month period, at 8% interest compounded quarterly, in order to amount to $20,000 within 5 years?

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