Suppose you contribute 10 per week 520 per year into an, Ask an Expert

Economics

Suppose you contribute $10 per week ($520 per year) into an interest-bearing account that earns 6% a year (compounded once per year). That’s probably one less pizza per week! But if you contribute faithfully each week into this account, how much money would you have saved through the compounding of interest by the end of 15 years?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91421574

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