question archive Kathy wishes to accumulate $29,000 in 3 years

Kathy wishes to accumulate $29,000 in 3 years

Subject:MathPrice: Bought3

Kathy wishes to accumulate $29,000 in 3 years. Use the appropriate formula to find the sinking fund payment (in $) she would need to make at the end of each six months, at 8% interest compounded semiannually. (Round your answer to the nearest cent.)

 

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