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What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 5.4%, compounded
What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 5.4%, compounded semiannually, so that the account will have a future value of $180,000 at the end of 12 years? (Round your answer to the nearest cent.)
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