1. Six months from today, you wish to begin making an infinite series of semiannual withdrawals of $600 each from an account that offers an annual stated rate of interest, r = 10 percent compounded semiannually. To make this possible you plan to make a single deposit today, at the beginning of year one. What must be the amount of this deposit?

   		$12,000.00
   		$5,853.66
   		$6,000.00
   		$11,707.32