Question: To save for future development, a company makes a deposit into a fund that earns interest at 4.44% compounded semi-annually. If the balance after 8

To save for future development, a company makes a deposit into a fund that earns interest at 4.44% compounded semi-annually. If the balance after 8 years needs to be $800 000, how much must be deposited at the end of each year?

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