Brooke plans to accumulate $150,000 in ten years by making deposits at the beginning of every three

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Brooke plans to accumulate $150,000 in ten years by making deposits at the beginning of every three months into a fund. If the fund is earning 6% compounded semi-annually, what will be the size of each deposit?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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