Question: Homework: Test Practice Unit 2 - Math of Finance Question 11. Instructor created question HW Score: 41.67%, 5 of 12 points Points: 0 of 1

 Homework: Test Practice Unit 2 - Math of Finance Question 11.

Homework: Test Practice Unit 2 - Math of Finance Question 11. Instructor created question HW Score: 41.67%, 5 of 12 points Points: 0 of 1 Save You would like to have $3,500 m 3 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 45% compounded semannually Determine how much you should deposit at the end of every six months a b How much of the $3,500 comes from deposits and how much comes from interest? am a. In order to have $3.500 3 years, you should deposits at the end of every six months (Do not round until the final answer. Then round up to the nearest dollar of the $3,500 comes to your deposits and comes from interest (Use the answer from part to find this answer Round to the nearest dolar as needed b. Calculator Clear all

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