(Solved): P5-9 (similar To) :3 Question Help Payments With Periodic Rates. Denise Has Her Heart Set On Being A ...
P5-9 (similar to) :3 Question Help Payments with periodic rates. Denise has her heart set on being a millionaire. What payment does Denise need to make at the end of each six months over the coming 42 years at 9% APR to reach her retirement goal of $1.2 million? What semiannually payment does Denise need to make to reach her retirement goal? $ (Round to the nearest cent.)