If you leave this money on deposit for one year 52 weeks


"You plan to invest $2,500 in a money market account which will pay an annual stated (simple) interest rate of 8.75 percent, but which compounds interest on a weekly basis. If you leave this money on deposit for one year (52 weeks), what will be your ending balance when you close the account?"

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Finance Basics: If you leave this money on deposit for one year 52 weeks
Reference No:- TGS0617720

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