Question: Find the periodic payment that will render the sum. S = $230,000, interest is 10% compounded semiannually, payments made at the end of each semiannual

 Find the periodic payment that will render the sum. S =

Find the periodic payment that will render the sum. S = $230,000, interest is 10% compounded semiannually, payments made at the end of each semiannual period for 8 years A) $24, 086.01 B) $9722.08 C) $4776.71 D) $20, 112.12

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