A company wants to have $20,000 at the beginning of each 6-month period for the next 4 1 2 years. If an annuity is set
A company wants to have $20,000 at the beginning of each 6-month period for the next 4 1 2 years. If an annuity is set up for this purpose, how much must be invested now if the annuity earns 6.42%, compounded semiannually?
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Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
