Business, 15.07.2020 23:01 clark4590

Bill gets paid every 2 weeks (26 times per year) and deposits 200 in his savings account each payday. The savings account earns a nominal annual rate of 9% convertible 9 times a year. What is the accumulated value of Bill’s account 2 weeks after his 104th deposit?

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Bill gets paid every 2 weeks (26 times per year) and deposits 200 in his savings account each payday...

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