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How are annuities and sinking funds similar

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Reference no: EM131627856

Question: 1. How are future value of a lump sum and future value of an annuity different?

2. How are the present value of a lump sum and the periodic payment of a sinking fund similar? How are they different?

3. How are annuities and sinking funds similar? How are they different?

Reference no: EM131627856

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