Thursday, December 31, 2009

Annuity Yields How Much Money Must Be Deposited Now, At 6% Interest Compounded Semiannually,?

How much money must be deposited now, at 6% interest compounded semiannually,? - annuity yields

How much money must be deposited today in order to ensure enhanced 6% interest every six months to a pension of $ 4000 at the beginning of each period of six months for five years?

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