The process corresponding to theinverse of series compounding is referred to as a sinking fund; that is, what size regular series payments are neces-sary to acquire a given future amount?
Solving the series compound amount equation for A,
Engineering the Future, One Mechanism at a Time.
The process corresponding to theinverse of series compounding is referred to as a sinking fund; that is, what size regular series payments are neces-sary to acquire a given future amount?
Solving the series compound amount equation for A,