Mathematics, 13.06.2021 16:00 gizmo50245

1. Your objective is an annuity due paying $5,000 semi-annually for 5½ years at 4% compounded quarterly. How far in advance of this would you need to invest $20,000 at 6.82% compounded monthly? Assume 30 days in a month.

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1. Your objective is an annuity due paying $5,000 semi-annually for 5½ years at 4% compounded quarte...