Need business and finance help with a retirement plan in which you invested $12,000 every 6 months

Business & Finance
Tutor: None Selected Time limit: 1 Day

If you had a retirement plan that you invested $12,000 every 6 months, for 25 years, at 7% interest compounded semi-annually. How much would you have at the end of the 25 year period

Dec 10th, 2015

Thank you for the opportunity to help you with your question!

this is FV of the 50 payment for 3.5% interest, it is

 $1571974.92 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Dec 10th, 2015

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