6. A fund for replacement of machinery in a plant must contain P30,000 at the end of 9 years. If the fund is invested at 3.5% compounded semi-annually, what equal deposits should be placed in the fund...

6. A fund for replacement of machinery in a plant must contain P30,000 at the end

of 9 years. If the fund is invested at 3.5% compounded semi-annually, what equal

deposits should be placed in the fund at the end of each 6 months for the first