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MC algo 5-20 Calculating Present Values Your bank will pay you an interest rate of 157 percent compounded weekly. You want to have $28000 in

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MC algo 5-20 Calculating Present Values Your bank will pay you an interest rate of 157 percent compounded weekly. You want to have $28000 in 9 years How much will you have to deposit today? Assue 52 weeks per year Your bank will pay you an interest rate of 157 percent compounded weekly. You want to have $28,000 Multiple Choice 48 o ) $25,806.56 o $13,735.72 o $13,43712 o $13,616.28 o $13,816.99

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