What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 8.8%, compounded semiannually, so that the account will have a future value of...


What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 8.8%, compounded semiannually, so that the account will have a future value of $100,000 at the end of 14 years? (Round your answer to the nearest cent.)



Jun 03, 2022
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