Question: 13. How much do you need to deposit into an account now if you plan to take out $400 in four years and another $400

 13. How much do you need to deposit into an account

13. How much do you need to deposit into an account now if you plan to take out $400 in four years and another $400 two years later (year 6), if you expect the deposit to earn 6% per year compounded twice per year? $

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