document.write( "Question 1088299: #15: What lump sum deposited today at 12% compounded quarterly for 15 years will yield the same final amount as deposits of $5,000 at the end of each 6-month period for 15 years at 6% compounded semiannually? Round to the nearest cent as needed. \n" ); document.write( "
Algebra.Com's Answer #702826 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "#15: What lump sum deposited today at 12% compounded quarterly for 15 years will yield the same final amount as deposits of $5,000 at the end of each 6-month period for 15 years at 6% compounded semiannually? Round to the nearest cent as needed. \n" ); document.write( " Correct answer:\n" ); document.write( " |