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4 QUESTION 4 A bank account with an Annual Percentage Rate (APR) of 12% pays interest on a weekly basis. If an investor initially deposits

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QUESTION 4 A bank account with an Annual Percentage Rate (APR) of 12% pays interest on a weekly basis. If an investor initially deposits 1,000, how much would this initial investment have grown to after two years? Assume that there are 52 weeks in a year. A. 1,254.40 B. 1,254.68 C. 1,270.90 D. 1,349.28

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