How much must she deposit into an account every sixmonths

Reference no: EM13907474

Monica would like to receive $3760.00 at the end of every six months for 8 years after her retirenment. If she retires ten years from now and interest is 6.5% compounded semi-annually, how much must she deposit into an account every sixmonths starting now?

Reference no: EM13907474

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How much must she deposit into an account every sixmonths : Monica would like to receive $3760.00 at the end of every six months for 8 years after her retirenment. If she retires ten years from now and interest is 6.5% compounded semi-annually, how much must she deposit into an account every sixmonths startin..

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