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Use Table 12-2 from your text to find how much should be deposited now at...

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Basic Math

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Use Table 12-2 from your text to find how much should be deposited now at 2% interest, compounded semiannually, to yield an annuity payment of $550 at the BEGINNING of each six months, for 3 years. $1,633.64 $3,187.51 $3,219.39$4,302.63

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