A contractor wishes to set up a special fund bymaking
Chapter , Problem 4-113(choose chapter or problem)
A contractor wishes to set up a special fund bymaking uniform semiannual end-of-period depositsfor 20 years. The fund is to provide $10,000 at theend of each of the last 5 years of the 20-year period.If interest is 8%, compounded semiannually, what isthe required semiannual deposit?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer