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Joe invests in a fund with weekly deposits of $25 each at the end of each week. The interest rate is at 5% p.a. compounded

Joe invests in a fund with weekly deposits of $25 each at the end of each week. The interest rate is at 5% p.a. compounded continuously.

Find the number of deposits and the extra deposit required at the final deposit by Joe in order to accumulate to $100000.

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The number of deposits 1664 The extra deposit 4427 Stepbystep explanatio... blur-text-image

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