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Calculate the amount of money Sarah had to deposit in an investment fund growing at...

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Finance

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Calculate the amount of money Sarah had to deposit in an investment fund growing at an interest rate of 4.00% compounded annually, to provide his daughter with $13,500 at the end of every year, for 3 years, throughout undergraduate studies. Round to the nearest cent If Jacqueline obtained a business loan of $ 205,000.00 at 4.25% compounded semi- annually, how much should he pay at the end of every 6 months to clear the loan in 25 years? Round to the nearest cent

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