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A corporate treasurer wishes to accumlate a total of 50,000,000 forty years from today. He plan to make equal semiannual deposits into an account earning
A corporate treasurer wishes to accumlate a total of 50,000,000 forty years from today. He plan to make equal semiannual deposits into an account earning 12 percent compounded quarterly. What must he the amount of these deposits, if the first deposit will be made exactly three from today (at the end of year 3) and the last deposit will be made six months before the $50,000,000 is needed show your work please
show your work please
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