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Q. What do you know about sinking funds?
sinking funds : quite often, one may be interested to accumulate a target amount over a given period inclusive of interest for the period of such a way that the annual amount being subscribed over the period over the is same for all years. In the case of a business firm, a finance manager may be interested in the accumulate a target amount in order to replace an asset or in ordered to repay at the end of the a specific .period. in this case the annual accumulation by the finance manager in fact become the annuity for a given a period where each of the annual manager in fact of the become the annuity of the for a given period where each of the annual manager of fact become the annuity for a period where each of the annual subscription will be invested for the remaining period so that the total accumulation at the end of the given period is equal to the target amount for example : an amount of Rs 100000 is required at the end of the 5 year for now to repay to debenture liability what amount should accumulated for every year at the 10% rate of interest so that it ultimate become Rs 100000 after 5 years ? This can be ascertain by finding out the value of the annuity amount.
Global Economy: The size of the world stock market grew steadily in the 1970s and 1980s and crossed the $12 trillion figure in 1993. The share of the US market decreased tremen
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how to do assignments based on these topics more specifically?
Which formula would you use to solve for the payment required for a car loan if you know the interest rate, length of the loan, and the borrowed amount? Explain. To answer for
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