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2) 2 You need to save $4000 in order to make a trip in four years time. Your savings account pays 3.2% interest compounded weekly.

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2) 2 You need to save $4000 in order to make a trip in four years time. Your savings account pays 3.2% interest compounded weekly. How much will you have to deposit weekly to have the money by the date of the last payment N= 1% = PV = PMT = FV = P/Y - C/Y = PMT: END BEGIN 3) $2,000 is invested at 4% compounded quarterly for 10 years. NOTE: There are no regular payments, just a one time investment. N = (Use years as there are no payments) 1% = PV = PMT = 0 (For one time payments FV = 1 (For one time payments) P/Y C/Y = PMT: END BEGIN How much interest is earned in the 10th year

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