Question
3. (a) Emma is depositing $4,500 into a fixed account. How long will it take to ac- cumulate to $13, 450 at a nominal
3. (a) Emma is depositing $4,500 into a fixed account. How long will it take to ac- cumulate to $13, 450 at a nominal interest rate of 93% compounded weekly? Approximate the answer to two decimal places.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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