Juan wants to have 45000 available to make a down payment
Juan wants to have $45,000 available to make a down payment on a house at the end of 4 years. His account earns 6% compounded semi-annually (2 times per year).
How much does Juan need to invest every 6 months to reach his goal? (Beginning of period)
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juan wants to have 45000 available to make a down payment on a house at the end of 4 years his account earns 6
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we learned how to determine the pv fv pmt rate and nper of stocks but we did not talk about three important issueshow
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