Jerry Makes Semi-Annual Deposits of $R into a Fund Paying

question 5

Multiple Choice

Jerry makes semi-annual deposits of $R into a fund paying j₂ = 5%.His first deposit was made on March 15,2011.His last deposit will be made on March 15,2015.On September 15,2015 he has accumulated $15,000 in the fund.What is R?

• A)$1470.10
• B)$1506.85
• C)$1675.13
• D)$1717.01

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Definitions:

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex assigned at birth.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both sexes, neither sex, or another sex, often an integral aspect of personal identity.

Vietnam Veterans

individuals who served in the military forces during the Vietnam War, spanning from 1955 to 1975, and may be eligible for various benefits and recognition.

Readjustment Act

Legislation aimed at providing benefits to military veterans, such as education and housing assistance.