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You plan to deposit $1,000 every year for the next 30 years, with the first payment to be made today. However, you expect to be

You plan to deposit $1,000 every year for the next 30 years, with the first payment to be made today. However, you expect to be unable to make the deposit 5 years from today. At a rate of 4%, compounded semi-annually, how much will you have 30 years from today? Round your final answer to the nearest dollar. a) $58,742 b) $57,051 c) $56,051 d) $55,742 I C Te:
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You plan to deposit $1,000 every year for the next 30 years, with the first payment to be made today. However, you expect to be unable to make the deposit 5 years from today. At a rate of 4%, compounded semi-annually, how much will you have 30 years from today? Round your final answer to the nearest dollar. a) $58,742 b) $57,051 c) $56,051 d) $55,742

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