Question: the answer is incorrect. find the correct answer (15 points) You make semiannual withawals from n account starting in month 6 for s50t fter until

 the answer is incorrect. find the correct answer (15 points) You

the answer is incorrect. find the correct answer

(15 points) You make semiannual withawals from n account starting in month 6 for s50t fter until end of year 4. The account and increasing by $100 each semiannual pe pays 12% compounded monthly {calculate and write in the test the exact effective interest rate up to 4 decimals nd then round to closest two decimal place ( i.e .0523 = 0.05) to use the interest tables. How much should you deposit into the account now if you want to have a balance in the account of $1500 immediately after the last withdrawal (end of year 4)7

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