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Use the interest formula =AP+1rnnt. An investment offers 5.5% interest compounded weekly if the investor keeps the money untouched for a 5-year period. (This is
Use the interest formula =AP+1rnnt. An investment offers 5.5% interest compounded weekly if the investor keeps the money untouched for a 5-year period. (This is known as a certificate of deposit.) Round your answers to the nearest cent. Part: 0 / 20 of 2 Parts Complete Part 1 of 2 (a) How much would an initial investment of $6000 be worth at the end of the initial 5-year period? At the end of the initial 5-year period, the $6000 would be worth $
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