Genius LLP must withdraw $ 50,000 at the beginning of each semiannual period for the next eight

Question:

Genius LLP must withdraw $ 50,000 at the beginning of each semiannual period for the next eight years to satisfy its employee pension obligation. Assuming 10% interest with semiannual compounding, how much should the invest today? Draw a timeline to illustrate the problem. Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...