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Rosemary is planning a trip to the Pacific island of Tonga in the future. She intends to save $1,800 per half-year for 3 years, into
Rosemary is planning a trip to the Pacific island of Tonga in the future. She intends to save $1,800 per half-year for 3 years, into an account at her bank that pays a nominal rate of interest of 5.8% per annum, compounding half-yearly. She makes her first payment today. The future value of Rosemarys savings exactly six months after the final half-yearly payment will be
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