How much must be deposited into an account to accumulate to $32 000 at 7% compounded semi-annually

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How much must be deposited into an account to accumulate to $32 000 at 7% compounded semi-annually
(a) At the beginning of each month for 20 years?
(b) At the end of each year for 15 years?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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