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The CIBC branch has a poster in the window that features a series of cherry trees in bloom, with the tag, Investing $50 a week

The CIBC branch has a poster in the window that features a series of cherry trees in bloom, with the tag, Investing $50 a week can blossom into $40,000 in 10 years. Assuming that the bank intendsfor you to make the first of 5 years-worth of weekly payments today. (and that there are 52 weeks in every year), what effective interest they offering

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