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State whether the following statement is True or False: A sinking fund is a fund established by financial organization - Mathematics and Statistics

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Question

State whether the following statement is True or False:

A sinking fund is a fund established by financial organization

Options

  • True

  • False

MCQ
True or False

Solution

True

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Annuity
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Chapter 2.2: Insurance and Annuity - Q.2

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