How much money do I need now if I am going to recieve $5000 every 6 months (starting in 6 months) for 10 years if the interest rates are 4%/

Question

How much money do I need now if I am going to recieve $5000 every 6 months (starting in 6 months) for 10 years if the interest rates are 4%/a compounded semiannually?

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Helga 5 years 2021-07-31T00:08:55+00:00 1 Answers 12 views 0

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    2021-07-31T00:10:19+00:00
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    The answer is 200 dollars

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