An investment company pays 4​%compounded semiannually. You want to have $19,000in the future. ​(B) How much should you deposit now to have that amount 10 years from now​?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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An investment company pays 4​%compounded semiannually. You want to have $19,000
in the future.
​(B)
How much should you deposit now to have that amount 10 years from
now​? 
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