Question: How many more payments would be required to be able to accumulate at least $24,000 by saving $1,850 at the end of every 6 months
How many more payments would be required to be able to accumulate at least $24,000 by saving $1,850 at the end of every 6 months instead of $1,850 at the beginning of every month? Assume an interest rate of 5.93% compounded semi-annually.
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