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The camden company wants to accumulate 10,000,000 in a building fund on july 1 2020 equal semi annual payments will be made into a fund

The camden company wants to accumulate 10,000,000 in a building fund on july 1 2020 equal semi annual payments will be made into a fund with payments beginning on january 1 2014 ending on january 1 2020. The fund is expected to earn interest at an annual rate of 10%
Determine the amount of each payment into the fund. Show work

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