How much will you have to deposit today

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Question - Your bank will pay you an interest rate of .092 percent compounded weekly. You want to have $21,500 in 9 years. How much will you have to deposit today? Assume 52 weeks per year.

$13,980.88

$14,167.29

$20,496.11

$14,118.34

$14,291.57

Reference no: EM132175124

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