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John invests $1400 at an interest rate of 6%. Find the final amount after 25 years if compounded weekly.

John invests $1400 at an interest rate of 6%. Find the final amount after 25 years if compounded weekly.
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5 votes
John invests $1400 at an interest rate of 6%. Find the final amount after 25 years if compounded weekly.

User Olsonist
by
7.3k points

1 Answer

5 votes

Answer:

2100

Explanation:

You would do 1400 times .06 times 25

1400*.06* 25=2100

User Patrick Peters
by
8.2k points
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