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NO BULL SH*T REAAAAAAAL A F

You have $1000 to invest in an account and need to have $2000 in one year. What interest rate would you need to have in order to have this if the amount is compounded weekly? Round your answer to the nearest percent.
4%
2%
1%
3%

User Florin Pop
by
7.7k points

1 Answer

2 votes
the answer is A! 4%
User KATJ Srinath
by
8.0k points
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