Question: show full calculation and formula using in calculation not by using excell How much you need to pay every 6 month in order to accumulate

show full calculation and formula using in calculation not by using excell

How much you need to pay every 6 month in order to accumulate $1,500,000 in 25 years. Assume the account where you intend to save your money in will pay 11% per year, compounded semi-annually

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