Create table showing interest credited to account
To accumulate $5,000, the individual makes 6 semiannual payments into the sinking fund which pays 6.2% interest compounded semi-annually. Create the table showing interest credited to account and balance of account at time of every payment.
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How large the endowment is required to cover capitalized cost & maintenance? Suppose that endowment will earn 6.2% interest.
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How much must be deposited in the account that pays 3.9% interest compounded continuously to make annual payments of $4,000 starting eight years from now?
To accumulate $5,000, the individual makes 6 semiannual payments into the sinking fund which pays 6.2% interest compounded semi-annually.
Amount is to be repaid on 7.1 of same year. What amount is required to settle debt at the end of term? Use four possible combinations of time and interest.
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A machine produces nails with the target mean length of 3 inches and historical standard deviation of 0.09 inches. A sample of 30 nails is selected, and it is found that the sample mean is 2.90 inches.
How much, if any, of he contribution can be claimed as the deduction for 2013? What occurs to any portion not deductible for 2013?
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