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7. math of interest. please solve correctly Boris wants to save $93,000.00 for retirement. He already has $5,580.00, and he will make bi-weekly deposits for
7. math of interest. please solve correctly
Boris wants to save $93,000.00 for retirement. He already has $5,580.00, and he will make bi-weekly deposits for the next 17 years (at the end of each period). The interest rate is 1.450% compounded semi-annually. How much will the bi-weekly deposits be? a. K=$171.43. b. K=$157.72. c. K=$171.34. d. K=$205.72 e. K=$168.01. Certainty?: C=1 (Unsure: C=2 (Mid: >67% ) C=3 (Quite sure: >80% )Step by Step Solution
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