Ask your own question, for FREE!
Mathematics 24 Online
OpenStudy (anonymous):

Lee Associates borrowed $60,000. The company plans to set up a sinking fund that will pay back the loan at the end of 12 years. Assuming a rate of 8 percent compounded semiannually, the amount to be paid into the fund each period is:

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
danielfootball123: happy birthday @midnight97
9 hours ago 30 Replies 3 Medals
Breathless: Guh
2 days ago 0 Replies 0 Medals
danielfootball123: here is an update on my site (screen recording coming up
1 day ago 44 Replies 5 Medals
danielfootball123: HELP PLEASE
2 days ago 43 Replies 1 Medal
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!