Accountancy, asked by rinkle1305, 11 months ago

What is the size of payment that must be deposited at the beginning of the each six month period in an account that pays 6.8% compounded semiannually so that the account will have a future value?

Answers

Answered by usmantahir98997
1

your question  in inappropriate i think.

re look to your question statement  and then contact me

annuity formula will be used in this situation.

S=R((1+i)^n-1/i)

you are asking size of payment  which is u deposit every six month and you given interest rate and then again you are asking about future value.?

you are asking about 2 things and you didn't provide complete Data.

your question must include either semi-annually payment or future value to calculate the other.

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