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need help Back to Assignment Alternats Keep the Highest /15 9. Problem 5,36 (Nonannual Compounding) a. You plan to mabe fre deposits of 51,000 each,
need help
Back to Assignment Alternats Keep the Highest /15 9. Problem 5,36 (Nonannual Compounding) a. You plan to mabe fre deposits of 51,000 each, one every 6 months, with the first pavenent being made in 6 months. You will then makn no more deposits. If the bank pays Bns neminal interest, compounded semiannualy, how moch will be in your account after 3 pears? Do bot round lintermediate caleviatlena, Reand your anser to the nearnst cent. 4. b. One year from today you must mabe a payment of $14,000. Yo erepare fer this payment, you ptan to make two equat exirterly deposits Cat the end of calculabions. Round vour answer to the nearest cert Step by Step Solution
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