Question: solve this exercise using combining factor, and effectiveinterest rate relations in engineering economy: A university professor deposits his annual bonus of ( $ 10,000 )

solve this exercise using combining factor, and effectiveinterest rate relations in engineering economy: A university professor deposits his annual bonus of $ \$ 10,000 $ into an account that pays interest at $ 8 \% $ per year, compounded semiannually. If he withdraws $ \$ 1,000 $ in months 2,11 , 1 answer

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