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John wishes to make withdrawals of $250 at the end of each month for four years. The interest rate is 4% compounded semiannually. How much
John wishes to make withdrawals of $250 at the end of each month for four years. The interest rate is 4% compounded semiannually. How much must he have on deposit that will sustain his withdrawals?
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Financial Algebra advanced algebra with financial applications
Authors: Robert K. Gerver
1st edition
978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670
