Question How many semi-annually payments will it take for $500.00 deposited at the end of each half year to amount to $10 000.00 at 6% compounded semi-annually?

5ZVXYV The Asker · Accounting
How many semi-annually payments will it take for $500.00 deposited at the end of each half year to amount to $10 000.00 at 6% compounded semi-annually?
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XH2CYT

Semiannual Deposit = $500.00Accumulated Sum = $10,000.00Annual Interest Rate = 6.00%Semiannual Interest Rate = 3.00%Let it will take n semiannual payments to reach the accumulatedsu ... See the full answer