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Mathematics, 19.04.2020 18:01 bermudezsamanth

You would like to have $3500 in four years for a special vacation following graduation by making deposits at the end of every six months in an annuity that pays 5% compounded semiannually. a) How much should you deposit at the end of every six months? b) How much of the $3500 comes from deposits and how much comes from interest?

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