Question

sinking fund factor is the reciprocal of :​

Answer 1

Answer:

sinking-fund factor is the reciprocal of interest factors for compounding annuities. These factors are used to determine the amount of each payment in a series needed to accumulate a specified sum at a given time. To this end, the specified sum is multiplied by the sinking-fund factor.

Step-by-step explanation:

thnx me guys

Answer 2

Interest factors:

the interest rate in decimal form on a certain amount over a given length of time. It is calculated by dividing the interest rate by the total number of days in the basic year and the days accrued.

Sinking fund factor

The reciprocal of interest factors for compounding annuities is the sinking-fund factor. These variables are used to calculate how much of each payment in a series is required to accumulate a given amount at a particular period. The sinking-fund factor is then multiplied by the appropriate amount to achieve this.

To learn more about the sinking fund factor from the given link

https://brainly.in/question/8024638

#SPJ2