gabinix2002 gabinix2002

22-04-2024
Mathematics

Answered

A deposit is made every half-year into a savings account paying 5% interest compounded semiannually. The balance after
8 years is $22,000. Calculate the rent of the increasing annuity.
The rent is $
(Do not round until the final answer. Then round to the nearest cent as needed.)

Answer :

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