MY NOTES ASK YOUR TEACHER A business must raise $50,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4% compounded quarterly? (Round your answer to the...

MY NOTES<br>ASK YOUR TEACHER<br>A business must raise $50,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4%<br>compounded quarterly? (Round your answer to the nearest cent.)<br>2$<br>Need Help?<br>Read It<br>

Extracted text: MY NOTES ASK YOUR TEACHER A business must raise $50,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4% compounded quarterly? (Round your answer to the nearest cent.) 2$ Need Help? Read It

Jun 07, 2022

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MY NOTES ASK YOUR TEACHER A business must raise $50,000 in 9 years. What should be the size of the owners' quarterly payment to a sinking fund paying 4% compounded quarterly? (Round your answer to the...

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