SOLUTION: A father decided to provide $40,000 to his son on his son’s 21st birthday. How much should he deposit every six months in a savings account which pays 3.5%

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Question 1170484: A father decided to provide $40,000 to his son on his son’s 21st birthday. How much should he deposit every six months in a savings account which pays 3.5%
Answer by ikleyn(52803) About Me  (Show Source):
You can put this solution on YOUR website!
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Depending WHEN he starts to deposit according to this scheme.