Mathematics, 29.09.2019 19:20 Jolenesopalski
You would like to have $2,500 in 4 years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 3.5% compounded semiannually.
1. in order to have $2,500 in 4 years, you should $ at the end of every six months.
2. b.
how much of the $2,500 comes from deposits and how much comes from interest?
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