In Order to Establish a Sinking Fund of $125,000,how Much

question 84

Short Answer

In order to establish a sinking fund of $125,000,how much will have to be invested at the end of each year at the rate of 11.2% compounded annually for 8 years?

---

Definitions:

Hostile Work Environment

A form of workplace harassment characterized by an environment that is intimidating, hostile, or offensive, making it difficult for an employee to work.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature that affects an individual's employment, interferes with work performance, or creates a hostile work environment.

Harassment Prevention

Strategies and measures implemented to avoid and protect against unwanted or threatening behavior in the workplace or other environments.

Title VII

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.