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You save $20 every week (i.e. not once) to your bank account. The bank pays you 3% compounded weekly to the same account. How much
You save $20 every week (i.e. not once) to your bank account. The bank pays you 3% compounded weekly to the same account. How much money will you have in your bank account in 35 years? (Note: there are 52 weeks in a year) 1 points Save Answer QUESTIONS You buy a 30-year zero coupon bond with a face value of $1000 and a 3% interest rate, compounded semi-annually. The moment after you buy the bond, the interest rate falls to 2.5%, compounded semi- annually. What is the percent change in the bond price? Note: the sign is important
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