What amount must be set aside now to generate payments of
What amount must be set aside now to generate payments of $40,000 at the beginning of each year for the next 12 years if money is worth 6.05%, compounded annually? (Round your answer to the nearest cent.)
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use the sinking fund formula shown to the right time in the monthly payment needed to accumulate 310000 with 9 interest
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what amount must be set aside now to generate payments of 40000 at the beginning of each year for the next 12 years if
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