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OpenStudy (anonymous):
ajax corporation has hired brad O'Brien as its new president. terms included the company's agreeing to pay retirement benefits of $18,000 at the end of each semiannual period for 10 years. this will begin in 3.285 days. if the money can be invested at 8% compounded semiannually, what must the company deposit today to fulfill its odligation to brad?
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