You Have Inherited Some Money and You Want to Set

question 9

Essay

You have inherited some money and you want to set some of that money aside for ten years. After ten years, you would like to receive $7600.00 at the end of each 6 months for nine years. If the interest is 6.5% compounded semi-annually, how much of your inheritance must you set aside?

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A general state of health, happiness, and satisfaction with one’s life.

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The ability to effectively manage and manipulate one's surrounding environment to meet personal needs and goals.

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