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Adeeba joins a fitness club. Membership dues will be $17.50 at the start of every two weeks for 2 years. The interest rate is 4.975%

Adeeba joins a fitness club. Membership dues will be $17.50 at the start of every two weeks for 2 years. The interest rate is 4.975% compounded weekly. What is the equivalent up front cost (present value) M of the two year membership?

A) M = $865.38

B) M = $955.87

C) M = $957.70

D) M = $867.04

E) None of the above

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