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What lump sum deposited today at 12​% compounded quarterly for 5 years will yield the same final amount as deposits of ​$6000 at the end of each​ 6-month period for 5 years at 6​% compounded​ semiannually?

/in /by

What lump sum deposited today at 12​% compounded quarterly for 5 years will yield the same final amount as deposits of ​$6000 at the end of each​ 6-month period for 5 years at 6​% compounded​ semiannually?

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