Question

Your bank will pay you an interest rate of .137 percent compounded weekly. You want to...

Your bank will pay you an interest rate of .137 percent compounded weekly. You want to have $26,000 in 8 years. How much will you have to deposit today? Assume 52 weeks per year.

$14,906.72

$24,213.38

$15,037.48

$14,992.67

$14,710.57

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