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Finance Assignment | Professional Writing

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June 4th, 2020

proof that the total payment for a Loan of L dollars using the amortization method is the same as the total payment for a Loan of L dollars using the sinking fund, method when the rate of interest earned on the sinking fund payment

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Homework For You

(j) is the same as the rate of interest (i) being paid on the loan. Assume the same term under both scenarios.

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