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If you would like t accumulate $7,500 over the next 5 years, how much must you deposit each six month, starting six months from now,

  1. If you would like t accumulate $7,500 over the next 5 years, how much must you deposit each six month, starting six months from now, given a 6 percent interest rate and semimanual compounding? (2.5 Mark)

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