Steven wants to start an IRA that will have $375,263 in it when he retires in 30 years. How much should he invest semiannually in his IRA to do this if the interest is 5.5% compounded semiannually? Assume an Annuity Due. Round to the nearest cent.

Respuesta :

375263=X[((1+0.055/2)^(2*30)-1)/(0.055/2)]*(1+0.055/2)
Solve for x
X=2454.28

Answer:

its b

Step-by-step explanation:

im taking the test right now

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