It seems there is a discrepancy in the calculation. Let's break it down:

1.The initial calculation you provided, PMT ≈ 200,000 / (0.111334/0.0020769), results in approximately $3,729.91 as the bi-weekly deposit to save $200,000 in 22 years with a 5.4% interest rate compounded bi-weekly.

2.However, when you multiplied $3,729.91 by 26 to represent one year's worth of deposits, you correctly calculated that it amounts to $96,977.66 per year.

3.Then, you multiplied this yearly amount by the total number of bi-weekly periods in 22 years, which is 572, and you calculated a total of $2,133,508.52.

So, the second calculation is indeed correct. To save $200,000 in 22 years with a 5.4% interest rate compounded bi-weekly, you would need to make bi-weekly deposits of approximately $3,729.91, and the total amount deposited over the 22-year period would be approximately $2,133,508.52. 

 

but the goal is only $200,000 not 2+ million

Find the present value of $200,000 25 years from now, if interest is compounded semiannually at 11.7%. The present value is approximately $ (Round to the nearest cent as needed.)

Find the present value of $300,000 15 years from now, if interest is compounded semiannually at 8.2%. The present value is approximately $

What future amount of money will be accumulated 10 years from now by investing $1,000 now plus $2,000, 5 years from now at 9% interest compounded semi-annually? What is the present value of $500 payments to be made at the end of each 6 month period for the next 10 years if interest is 9% compounded semiannually? What monthly car mortgage payments for the next 36 months are required to amortize a present loan of $3,000 if interest is 9% compounded monthly? What amount of money must be deposited in a saving account at the end of each quarter for the next 5 years to accumulate $10,000 in 5 years if interest is 9% compounded quarterly? What is the present value of $1,000 payments to be made at the end of each year for the next 10 years if interest is 9% compounded semi-annually? What effective annual interest rate is equivalent to 9% compounded quarterly? What nominal annual interest rate is equivalent to an effective annual interest rate equal to 9% if interest is compounded quarterly? Calculate the present worth cost of service for the following cash flows. The minimum rate of return is a nominal 9% compounded monthly. Use monthly compounding periods. Use annual compounding periods and the appropriate effective annual interest rate that is equivalent to 9% compounded monthly. If you borrow $15,000 at an APR of 9% compounded monthly, calculate the equal end of month mortgage payments that will pay off this loan over four years.