Elliendc5002 Elliendc5002
  • 20-03-2024
  • Business
contestada

What semi-annual payment must be deposited into an interest-bearing fund at the beginning of each payment period to save $6500.00 in ten years if the fund pays 7.25% compounded semi-annually?

A) $220.54
B) $217.61
C) $218.16
D) $218.97
E) $226.91

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