How much must be deposited into an account to accumulate to $32 000 at 7% compounded semi-annually
Question:
(a) At the beginning of each month for 20 years?
(b) At the end of each year for 15 years?
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a b FVdue 32 00000 i 35 n 240 c 016 12 p10350161100575010575 32 00000 PMT100575 ...View the full answer
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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