The present worth of a deposit of $1000 now and$1000 every

Chapter 4, Problem 4.75

(choose chapter or problem)

The present worth of a deposit of $1000 now and$1000 every 6 months for 10 years at an interestrate of 10% per year, compounded semiannuallyis represented by which of the followingequations:(a) P = 1000(PA,5%,21)(FP,5%,1)(b) P = 1000 (PA,5%,20)(c) P = 1000 (PA,5%,21)(d) P = 1000 + 1000(PA,10.25%,10)

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