document.write( "Question 1182416: An investment company pays 9% compounded semiannually. You want to have $21,000 in the future.\r
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document.write( "How much should you deposit now to have that amount 5 years from now? \n" );
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Algebra.Com's Answer #812424 by josgarithmetic(39617)![]() ![]() ![]() You can put this solution on YOUR website! semiannually in five years is 10 compounding periods.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "--- \n" ); document.write( "\"compounded semiannually; \n" ); document.write( "factor is not \"1.09\". \n" ); document.write( " |