You planned on having your personal trust fund by making uniform semi-annual end-of-period deposits for twenty-years. Your trust fund would provide one-hundred-thousand-pesos at the end of each of the last five years of the twenty-year period. If the interest rate is at eight-percent which would be compounded semi-annually, what should be the required semi-annual deposit to be made?

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A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

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