November 27, 2015

Homework Help: Math

Posted by Anonymous on Wednesday, November 14, 2007 at 6:25pm.

please explian how to figure this out thanks :)

How much money must be deposited now at 6% interest compounded semi-annually, to yelid an annuity payment of $4,000 at the beginning of each six-month peroid for a total of five years I need to then round my answer to the nearest cent

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