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Jim had $5000 in a CD on January 1, 2008. He deposited an additional $350 dollars each month for the next 4 years. What annual
Jim had $5000 in a CD on January 1, 2008. He deposited an additional $350 dollars each month for the next 4 years. What annual rate of interest compounded weekly would he need in order to have had a total of $22500 in his CD at the end of December 2011? Answer using financial calculator.
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