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Business, 10.12.2020 05:10 20alyssityh224

You plan to save up $12000 in five year. At the end of year 1 your dad give you $5000 to put in your account, then you make 8 further equal semi-annual deposits in your account with the interest rate of 12%, compounding semi-annually. How much do you have to deposit every six month to reach your target?

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You plan to save up $12000 in five year. At the end of year 1 your dad give you $5000 to put in your...
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