Compute the size of the deposit that is required every six months to have a future value of $60,000 at the end of 4 years if the interest rate is 10% compounded semiannually. Use Tables 23-1A and 23-1B or a calculator.

Question

Compute the size of the deposit that is required every six months to have a future value of $60,000 at the end of 4 years if the interest rate is 10% compounded semiannually. Use Tables 23-1A and 23-1B or a calculator.​

Quizplus · Accepted Answer

The Answer of Compute the size of the deposit that is required every six months to have a future value of $60,000 at the end of 4 years if the interest rate is 10% compounded semiannually. Use Tables 23-1A and 23-1B or a calculator.​

Compute the Size of the Deposit That Is Required Every