Mathematics, 19.07.2021 20:50 madim1275

What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 9.2%, compounded semiannually, so that the account will have a future value of $120,000 at the end of 12 years? (Round your answer to the nearest cent.)
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What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 9.2%, compounded semiannually, so that the account will have a future value of $120,000 at the end of 12 years? (Round your answer to the nearest cent.) $

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What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 9.2%, compounded semiannually, so that the account will have a future value of $120,000 at the end of 12 years? (Round your answer to the nearest cent.)
$