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A contractor wishes to set up a special fund by making uniform semiannual end - of - period deposits for 2 0 years. The fund

A contractor wishes to set up a special fund by
making uniform semiannual end-of-period deposits
for 20 years. The fund is to provide $10,000 at the
end of each of the last 5 years of the 20-year
period. If interest is 8%, compounded semiannually,
what is the request semiannual deposit? [4]
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