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In problem involving days, a 365-day year is assumed.Finance. A person wishes to have $15,...

In problem involving days, a 365-day year is assumed.

Finance. A person wishes to have $15,000 cash for a new car 5 years from now. How much should be placed in an account now, if the account pays 6.75% compounded weekly? Compute the answer to the nearest dollar.

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