Jason invests $5,000 in an investment that earns 20% interest compounded semi-annually, and maturing in 4 years. 18 months later, Rebecka has an opportunity to make an investment that will earn 19% compounded semi-annually, and maturing at the same time as Jason's investment. How much does Rebecka have to invest in order to have the same maturity value as Jason?

Answer rating: 100% (QA)

To determine how much Rebecka needs to invest to have the same maturity value as Jason we need to ca... View the full answer