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Mathematics, 21.07.2019 05:20 oliviac0327
You would like to have $4000 in four years for a special vacation following graduation by making deposits at the end of every 6 months in an annuity that pays 7% compounded semiannually . how much should you deposit at the end of every six months? how much of the $4000 comes from deposits and how much from interest?
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