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1. Heather Whitestone wants to retire at the age of 65 . She is 45 years and six months old today and will start making

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1. Heather Whitestone wants to retire at the age of 65 . She is 45 years and six months old today and will start making semiannual deposits into an investment account. Heather would like to have $1,000,000 on her 65 th birthday. Assuming Whitestone can earn 8% interest compounded semiannually on her investments, determine the required amount of each semiannual deposit

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