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When my niece was born, I decided to save $10 for her every week to help fund her studies. My savings account pays a rate
When my niece was born, I decided to save $10 for her every week to help fund her studies. My savings account pays a rate of 1.65% p.a.,compounded weekly. How much will I have saved when she turns 18 years old? (assume my first payment was at the end of the first week). What is the FV? A. 2.72 millionB. 8096.90C. 10,896.42
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