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4 August, 13:31

Mark wants to set money aside for graduate

school. He anticipates needing $15,000 in four

years. After a bit of research, Mark found a

savings account that earns 8% compounded

semiannually. How much does Mark have to

deposit each period?

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Answers (1)
  1. 4 August, 13:51
    0
    5,000
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