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i understood you all the way up to your last sentence" That is found using your NPV function in you calc with monthly compounding."i am using the NPV but i keep coming up with 9%.


oh wait looking at it again, i guess you set n= 300, i =rate/12 months, pv= $1 (this is where i got messed up, FV=0 and solve for PMT and multiply times 12 months? is that the sinking fund?

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