Question

Filimonov Savings Bank pays 8 percent interest compounded weekly (0.154 percent per week) on savings accounts. The bank has asked your help in preparing a table to show potential customers the number of dollars that will be available at the end of 10-, 20-, 30-, and 40- week periods during which there are weekly deposits of $ 1, $ 5, $ 10, or $ 50.
The following data are available:
Required:
Complete a table similar to the one below.


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  • CreatedSeptember 22, 2015
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