6.3 What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 9.8%, compounded semiannually, so that the account will have a future value...


6.3


What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 9.8%, compounded semiannually, so that the account will have a future value of $130,000 at the end of 16 years? (Round your answer to the nearest cent.)



Jun 08, 2022
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