Question: Ciara is saving for a future renovation project that is estimated to cost $68,000. How much will Ciara have to deposit at the beginning of
Ciara is saving for a future renovation project that is estimated to cost $68,000. How much will Ciara have to deposit at the beginning of every six months in order to accumulate $68,000 in 9 years? Interest is 6.93% compounded semi-annually. Round the answer for PMT to two decimal places. Choose BGN or END 2 PAY C/Y N. VY % PV = $ PMT = $ FV = $
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