What is the size of the payments that must be deposited

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Reference no: EM131782070

Question: What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 7.8%, compounded semiannually, so that the account will have a future value of $120,000 at the end of 15 years?

Reference no: EM131782070

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