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You received a $4500 gift and decide to deposit it in a bank on January 1, 2019 offering 7.8% interest compounded weekly. The interest is
You received a $4500 gift and decide to deposit it in a bank on January 1, 2019 offering 7.8% interest compounded weekly. The interest is paid on December 31 of each year. On January 1, 2022, you withdraw $1500, but leave the remaining money in the bank for an additional 4 years. How much money do you have on December 31, 2026?
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