Question: - 1 points | SMITHNM13 11.5.050. My Notes Ask Your Teacher Clearlake Optical has a $50,000 note that comes due in 4 years. The owners

 - 1 points | SMITHNM13 11.5.050. My Notes Ask Your Teacher

- 1 points | SMITHNM13 11.5.050. My Notes Ask Your Teacher Clearlake Optical has a $50,000 note that comes due in 4 years. The owners wish to create a sinking fund to pay this note. If the fund earns 4.5% compounded semiannually, how much must each semiannual deposit be? (Round your answer to the nearest cent.) $ Need Help? Read It Talk to a Tutor

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