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You earn a $ 10 , 000 bonus. Since your expenses are currently covered, you decide to save it for 10 years in an account
You earn a $ 10 , 000 bonus. Since your expenses are currently covered, you decide to save it for 10 years in an account earning 4.1 % interest compounded semiannually. After this time, you plan to get equal disbursements for 35 years at the end of each 6-month period. In part (b), you will determine the payment you will receive each 6-month period. a) Identify the variables to use in the present value of a deferred annuity formula. Enter "?" in the box of the variable you are solving for. Enter r c as
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