Question: 9. -/1 points HarMathAp 12 6.4.029. My Notes Ask Your Teacher Recent sales of some real estate and record profits make it possible for a

9. -/1 points HarMathAp 12 6.4.029. My Notes Ask Your Teacher Recent sales of some real estate and record profits make it possible for a manufacturer to set aside $700,000 in a fund to be used for modernization and remodeling. How much can be withdrawn from this fund at the beginning of each half-year for the next 4 years of the fund earns 7.5%, compounded semiannually? (a) Decide whether the problem relates to an ordinary annuity or an annuity due ordinary annuity annuity due (b) Solve the problem. (Round your answer to the nearest cent.) Need Help

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