SIMPLE ANNUITIES CHAP. 5] to accumulate a $200 000 retirement fund. He plans to make the frat A manw184, and the last on September 1, 2005. Find the size of each deposit, make the first deponit 5.58 A man wants accumulate semiannually in a fund that pays 121% per annum compounded"en on t, if he mak the deposits (a) (b) monthlynra fund that pays 123% per annum compounded month! y: Ans. (a) $932.58; (b) 152.70