You deposited $75,000 into an account paying 3.75% compounded semi-annually so that it will pay you equal
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You deposited $75,000 into an account paying 3.75% compounded semi-annually so that it will pay you equal payments at the end of every six months over the next four years. What is the size of the semi-annual payment?
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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