Question: Question Help A contract can be fulfilled by making an immediate payment of $3100 or equal payments at the end of every six months for

Question Help A contract can be fulfilled by making an immediate

Question Help A contract can be fulfilled by making an immediate payment of $3100 or equal payments at the end of every six months for 4 years. What is the size of the semi-annual payments at 8% per annum compounded annually? The semi-annual payments are (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)

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