Question: Suresh is saving for the down payment on a house; he wants to save $71,000.00. At the start of each two weeks, he will deposit
Suresh is saving for the down payment on a house; he wants to save $71,000.00. At the start of each two weeks, he will deposit $264.48 in an investment account paying (26) = 2.975% interest, until she has reached her goal. a) This question deals with the value of an annuity b) There will be payments. The payment period is c) The payment amount is $ d) The effective interest rate per period is % daily Weekly bi-weekly monthly quarterly semi-annual annual e) The present/future value is $
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