Nine years from now, Sam wants to have an amount available to deposit into an account that earns6 percentcompounded annually. This account is to provide Sam with an income of$10,000at the end of each year for10 years. To accomplish this, Sam invests in an8-yearbank certificate that pays8 percentcompounded semiannually, and he will use this certificate, plus interest , to establish his income account.What should be the principle value of the certificate be ?
please solve these math details and do not be use any software
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