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Dae-Sung is saving up for the downpayment on a house. They will make bi- weekly deposits of $1,050.00 (at the start of each period) into
Dae-Sung is saving up for the downpayment on a house. They will make bi- weekly deposits of $1,050.00 (at the start of each period) into a savings account paying 5.90% compounded daily. After 49 periods, they will change the bi-weekly deposit amount to $4,200.00. How much money will they have in their account after 49 more periods (98 periods in total)? a. X = $278,811.80. O b. None of the other answers is correct. C. X = $278,179.88. = d. X = $271,787.45. e. X = $272,404.85. x
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