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Chapter 10.6 Question 3, 10.6.23- BE Part 4 of 4 97.14%, 6.8 of 7 points have enough money for the settlement? (b) How much interest

Chapter 10.6 Question 3, 10.6.23- BE Part 4 of 4 97.14%, 6.8 of 7 points have enough money for the settlement? (b) How much interest will be earned? Points: 1 of 1 Save A company must pay a $305,000 settlement in 5 years. (a) What amount must be deposited now at 6% compounded semiannually to (c) Suppose the company can deposit only $100,000 now. How much more will be needed in 5 years? (d) Suppose the company can deposit $100,000 now in an account that pays (a) The amount that must be deposited is $ 226948.64. (Do not round until the final answer. Then round to the nearest hundredth as needed.)

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