Question: You are planning to make two equal amount deposits, one now and the other 3 years from now in order to accumulate $300,000 ten years

You are planning to make two equal amount deposits, one now and the other 3 years from now in order to accumulate $300,000 ten years in the future. If the interest rate is 14% per year compounded semiannually, the size of each deposit is: Multiple Choice O $48,200

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