Business, 19.10.2021 01:00 candlelight45

Beginning in 4 years, a new Booster Club at a certain high school would like to award an outstanding senior on the varsity soccer team with a check of $1,000 towards the student's college tuition. Since there is a boy and girl team, they wish to award one senior boy and one senior girl the same amount of money. Thus, the club will need $2,000 at the end of 4 years. How much must the booster club invest each semiannual period in an account that pays 3% per year compounded semiannually to have the desired fund

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Beginning in 4 years, a new Booster Club at a certain high school would like to award an outstanding...

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