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| Q.3 | Annual installment of the sinking fund will be given by the following formula ______ (n = number of year, i = intrest rate, s = amount of sinking fund) | |
| Ans | A. I= i/(S(1+i)n-1) | |
| B. I= S/((1+i)n-1) | ||
| C. I= Si/((1-i)n-1) | ||
| D. I = Si/((1+i)n-1) |
Correct Ans Provided: D
