Question: How much should be deposited now at 10% compounded semiannually to make possible withdrawals of $3,000 every 6 months for the next 10 years? Also,

How much should be deposited now at 10% compounded semiannually to make possible

withdrawals of $3,000 every 6 months for the next 10 years? Also, how much free cash will you

have withdrawn (ie money the bank gave you as interest)?

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