Question
Your bank will pay you an interest rate of .162 percent compounded weekly. You want to have $28,500 in 8 years. How much will you
Your bank will pay you an interest rate of .162 percent compounded weekly. You want to have $28,500 in 8 years. How much will you have to deposit today? Assume 52 weeks per year. A) $14,857.55 B) $14,922.50 C) $14,534.56 D) $14,728.36 E) $26,199.29
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Handbook Of Income Distribution Volume 2B
Authors: Anthony B. Atkinson, Francois Bourguignon
1st Edition
0444594299, 978-0444594297
