AI-generated answer
To calculate the periodic deposit investment amounts for the given scenarios, we can use the formula for future value of an investment with regular deposits:
Where:
- is the future value
- is the principal amount
- is the interest rate per period
- is the number of compounding periods per year
- is the number of years
- is the periodic deposit amount
Let's calculate the periodic deposit amounts for each scenario:
a. For $25,000, 1.5% compounded semiannually for 4 years:Answer:
Sy-step explanation:tep-b
