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Business, 28.05.2021 17:50 datands

You are saving for a trip you plan to take in five years. Your savings account earns 6% compounded semiannually. How would you determine the required amount of a single deposit to be made in the first year to pay for the cost of the trip, which is $15,000

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You are saving for a trip you plan to take in five years. Your savings account earns 6% compounded s...
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