document.write( "Question 954209: PLEASE HELP ME !!
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document.write( "Find the periodic payment which will amount to a future value of 25,000 with an interest rate of 4% compounded semi-annually at the end of five consecutive years.
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Algebra.Com's Answer #582771 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "------------------------------------- \n" ); document.write( "given: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "-------------------- \n" ); document.write( "I found the principle, which is the original \n" ); document.write( "amount of the investment \n" ); document.write( "----------------------- \n" ); document.write( "I'm having trouble also with the words: \n" ); document.write( "\"find the periodic payment\" Is the period twice a year \n" ); document.write( "over 5 years? That would be \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The periodic payment ( 10 payments ) would be $449.13 \n" ); document.write( "DEFINITELY get another opinion on this. \n" ); document.write( "The wording is vague, I think \n" ); document.write( " \n" ); document.write( " |