Question
How much must be deposited at the end of every sixmonths for 7 years to accumulate to $1626.00 at 5% compounded semi-annually? The required deposit
How much must be deposited at the end of every sixmonths for 7 years to accumulate to $1626.00 at 5% compounded semi-annually?
The required deposit is___
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Data Analytics for Accounting
Authors: Vernon Richardson
1st edition
1260375196, 9781260375183 , 978-1260375190
