An investment company pays 6 compounded semiannually you

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An investment company pays 6% compounded semiannually. You want to have $12,000 in the future.

(A) How much should you deposit now to have that amount 5 years from now?

(B) How much should you deposit now to have that amount 10 years from now? Round to the nearest cent on A and B.

Reference no: EM13628018

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