Nasmatic4284 Nasmatic4284
  • 08-11-2022
  • Business
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a condominium association decided to set up a sinking fund to accumulate $60,000 by the end of 3 years to build a new sauna and swimming pool. what quarterly deposits are required if the annual interest rate is 4.4% and it is compounded quarterly? (round your final answer to two decimal places.)

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