(Compound interest with nonannual periods) After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of 99 percent compounded quarterly or from a bank at an APR of 10 percent compounded weekly Which alternative is more attractive?

If you borrow $100 from a bank at an APR of 10 percent compounded weekly for 11 year, how much do you need to payoff the loan?

Please show all work and the formula that is used.