Best Munoz
10/30/2023 · Middle School

Sippose that the bosiness decides to service the equipment at the end of each year for the 6 year pertod. R 4000 will be withdrawn from the sinking fund at the end of each year starting one year after the original machine was bought.

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The business sets aside R 4000 each year from a sinking fund to cover equipment maintenance over a 6-year period, starting one year after the machine's purchase. The exact annual contribution amount depends on the interest rate applied to the sinking fund.

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