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What semi-annual payment must be made into a fund at the beginning of every six months to accumulate to $4800.00 in ten years at 7%
What semi-annual payment must be made into a fund at the beginning of every six months to accumulate to $4800.00 in ten years at 7% compounded semi-annually?
a) $99.21
b) $700.69
c) $163.99
d) $480.34
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
2nd Edition
0521514088, 9780521514088
