Suni needs to repay her school loan in 4 years. How much must she semiannually deposit into

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Suni needs to repay her school loan in 4 years. How much must she semiannually deposit into an account that pays 0.9% interest, compounded semiannually, to have $100,000 to repay the loan?

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 12, 2022 03:18 AM

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Suni needs to repay her school loan in 4 years. How much must she semiannually deposit into

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Financial Algebra Advanced Algebra With Financial Applications

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