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solong [7]
3 years ago
6

An initial investment of $1,000 at 12% interest is compounded weekly (use 52

Mathematics
1 answer:
topjm [15]3 years ago
8 0

Answer:

~$29,678.31

Step-by-step explanation:

It is roughly 29,678.31

Using the principle of 1000*0.12 and repeating it 30*52 times, we essentially get ~29,678.31.

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