How much will the Apple Corporation have to set aside each period to have $40,000 eight years from ...

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How much will the Apple Corporation have to set aside each period to have $40,000 eight years from ...

How much will the Apple Corporation have to set aside each period to have $40,000 eight years from now? Assume money is at 12% compounded semiannually.

Note: Round your answer to the nearest cent.

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

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