What equal annual amount must roberta invest at the end of


Roberta is saving up to buy her first home. She needs to save $20,000 for a down payment. She has four years to save. Assume Roberta can invest her money in an account that earns 10% interest compounded semi-annually. What equal annual amount must Roberta invest at the end of each of the next four years to reach her goal of $20,000?

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Financial Management: What equal annual amount must roberta invest at the end of
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