A company creates a sinking fund by setting aside a sum of 𝑅𝑠 5000 annually for 10 yrs to pay off a debenture issue of 𝑅𝑠 60,000. If the fund accumulates at 5% per annum compound interest, find the surplus after paying for debenture issue. .... please solve it
A company creates a sinking fund by setting aside a sum of 𝑅𝑠 5000 annually for 10 yrs to pay off a debenture issue of 𝑅𝑠 60,000. If the fund accumulates at 5% per annum compound interest, find the surplus after paying for debenture issue. .... please solve it
best video to understand sinking fund method...
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A company creates a sinking fund by setting aside a sum of 𝑅𝑠 5000 annually for 10 yrs to
pay off a debenture issue of 𝑅𝑠 60,000. If the fund accumulates at 5% per annum
compound interest, find the surplus after paying for debenture issue. .... please solve it
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A company creates a sinking fund by setting aside a sum of 𝑅𝑠 5000 annually for 10 yrs to
pay off a debenture issue of 𝑅𝑠 60,000. If the fund accumulates at 5% per annum
compound interest, find the surplus after paying for debenture issue. .... please solve it