You are planning to make two equal amount deposits,one now
Chapter 4, Problem 4.77(choose chapter or problem)
You are planning to make two equal amount deposits,one now and the other 3 years from now in orderto accumulate $300,000 ten years in the future. If theinterest rate is 14% per year, compounded semiannually,the size of each deposit is:(a) $48,200
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