Answer Happy

Posted: **Mon Jul 11, 2022 12:02 pm**

: Question 6 Of 7 Anika Set Up A Fund That Would Pay His Family 5 000 At The Beginning Of Every Month In Perpetuity Wha 1 (34.79 KiB) Viewed 41 times

Question 6 of 7 Anika set up a fund that would pay his family $5,000 at the beginning of every month, in perpetuity. What was the size of the investment in the fund if it was earning 3.00% compounded semi-annually? Round to the nearest cent