Business, 26.11.2021 23:10 unknownday7
You plan on supplementing your income. You would like to withdraw a semiannual salary of $6,951. 20 from an account paying 1. 75% interest, compounded semiannually. Determine the amount needed in the account such that you can withdraw the needed amount at the end of each period for 15 years. Round to the nearest cent. A. $239,364. 66 b. $182,713. 25 c. $184,311. 99 d. $237,288. 39.
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You plan on supplementing your income. You would like to withdraw a semiannual salary of $6,951. 20...
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