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,
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,
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