Question
You plan to invest $3905 in a money market account which will pay an annual stated (simple) interest rate of 2.5 percent, but which compounds
You plan to invest $3905 in a money market account which will pay an annual stated (simple) interest rate of 2.5 percent, but which compounds interest on a weekly basis. If you leave this money on deposit for 3 years, what will be your ending balance when you close the account?
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
