Sinking fund is defined as the repayment fund obtained by setting aside revenue over a period of time to fund a future capital expense or repayment of a long-term debt. It can also be used to set aside money for purposes of replacing capital equipment as it becomes obsolete, or major maintenance or renewal of elements of a fixed asset.
Sinking fund calculator
Sinking fund is defined as the repayment fund obtained by setting aside revenue over a period of time to fund a future capital expense or repayment of a long-t
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2024-05-08
