english

. A sinking fund is the accumulated amount to be realized at some future date (the end of the term) when a fixed number of periodic payments are paid into an account earning interest at the rate of i per period

  1. 👍
  2. 👎
  3. 👁
  1. Some kind of math ...

    1. 👍
    2. 👎
    👤
    Writeacher
  2. Even then, what is the question here?

    http://www.financial-dictionary.thefreedictionary.com/Sinking fund

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. economics

    a beautiful girl 22 years young has just graduated from college. She accepts a good job and desire to establish her own retirement fund. At the end of each year there after she plans to deposit 2000 in the fund out 15% annual .

  2. Maths

    Principal - 6000 Rate - 5% Effective Date - May 15 Maturity Date - November 1 Partial Payment Amount - $1500 Partial Payment Date -August 15 Also Answer the following questions: 1. NUMBER OF DAYS BETWEEN EFFECTIVE DATE AND PARTIAL

  3. math please break it down

    Your gross income is $4,520.00/month. Your deductions are FICA (7.65%),federal tax withholding (11.75%), and state tax withholding (8.5%). Your fixed expenses are 30% of your realized income. You saved 5 months' worth in an

  4. math

    Mary needs​ $9000 in 11 years. What amount can she deposit in a sinking fund at the end of each quarter at 4​% interest compounded quarterly so she will have her​ $9000? Round to the nearest cent.

  1. Math

    Jeff Associates borrowed $30,000. The company plans to set up a sinking fund that will repay the loan at the end of 8 years. Assume a 12 % interest rate compounded semiannually. What must Jeff pay into the fund each period of

  2. Math

    John invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 8% profit. How much did he invest in Fund

  3. Math

    The management of Gibraltar Brokerage Services anticipates a capital expenditure of $27,000 in 3 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns

  4. math

    Carlos invested his savings in two investment funds. The amount he invested in Fund A was $8000 less than the amount he invested in Fund B. Fund A returned a 8% profit and Fund B returned a 4% profit. How much did he invest in

  1. Personal Finance

    Which type of computation would a person use to determine current value of a desired amount for the future? A. Present value of a series of deposits B. Future value of a single amount C. Future value of a series of deposits D.

  2. algebra

    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

  3. math

    at the end of every 3 months, Rita deposits $100 into an account that pays 5% compounded quarterly. After 5 yrs, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 1 yr. when this

  4. algebra

    Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.) Amount Needed A $50,000 Frequency n semiannually Rate r 11% Time t 15 years Thank you for your time, it is

You can view more similar questions or ask a new question.