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IRAs, 401s & Other Retirement Plans: Taking Your Money Out

  • ISBN13: 9781413310313
  • Condition: NEW
  • Notes: Brand New from Publisher. No Remainder Mark.

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How much money must be deposited now, at 6% interest, compounded semiannually, to yield an annuity payment of?

How much money must be deposited now, at 6% interest, compounded semiannually, to yield an annuity payment of $4,000 at the end of each six- month period, for a total of five years?