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Author Question: Which of the following statements is true regarding a sinking fund?I. it is used to accumulate money ... (Read 48 times)

brutforce

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on: Feb 26, 2020
Which of the following statements is true regarding a sinking fund?
I. it is used to accumulate money by the end of a certain period of time to pay off a financial obligation
II. it is a payment into an ordinary annuity to yield a desired future value
◦ neither I nor II
◦ I only
◦ II only
◦ both I and II
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by brutforce on Feb 26, 2020

huda

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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brutforce

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Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review

kswal303

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Reply 3 on: Yesterday
Excellent

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