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Author Question: Sandra intends to retire in 15 years and would like to receive $3000.00 every six months for 19 ... (Read 493 times)

skymedlock

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on: Jun 6, 2019

Question 1

Sheila intends to retire in 14 years and would like to receive $2472.00 every six months for 9 years starting on the date of her retirement. How much must Sheila deposit in an account today if interest is 6.65% compounded semi-annually?

Question 2

Sandra intends to retire in 15 years and would like to receive $3000.00 every six months for 19 years starting on the date of her retirement. How much must Sandra deposit in an account today if interest is 8% compounded semi-annually?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by skymedlock on Jun 6, 2019

SAUXC

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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skymedlock

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Reply 2 on: Jun 6, 2019
Great answer, keep it coming :)

AngeliqueG

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Reply 3 on: Yesterday
Excellent

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