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Determine the semi-annual deposits required to accumulate $4,000 four years from today, given an annual interest rate of 12%, compounded semi-annually. (Assume your deposits begin
Determine the semi-annual deposits required to accumulate $4,000 four years from today, given an annual interest rate of 12%, compounded semi-annually. (Assume your deposits begin 6 months from now and there are 8 total deposits)
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