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value: 0.92 points Ajax Corporation has hired Brad O'Brien as its new president Terms included the company's aareeing to pay retirement benefits of $18 200
value: 0.92 points Ajax Corporation has hired Brad O'Brien as its new president Terms included the company's aareeing to pay retirement benefits of $18 200 at the end of each semiannual period for 12 years. This will begin in 4,015 days. If the money can be invested at 8% compounded semiannually, what must the company deposit today to fulfill its obligation to Brad? (Please use the following provided Table and Table 12.3.) (Use 365 days a year. Do not round intermediate calculations. Round your answer to the nearest cent.) Deposit amount eBook & Resources References de olon eiar a e DHICURT SEIrd Worksheet
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