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Andy wants to accumulate $150,000 for retirement in 8 years. He expects to earn an annual return of 13% compounded semiannually on investments. How much
Andy wants to accumulate $150,000 for retirement in 8 years. He expects to earn an annual return of 13% compounded semiannually on investments. How much should Andy invest at the beginning of each 6month period to attain his goal?
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