Question: (1 point) A couple wants to accumulate $14000 by making payments of $600 at the end of each week into an investment account that earns

(1 point) A couple wants to accumulate $14000 by making payments

(1 point) A couple wants to accumulate $14000 by making payments of $600 at the end of each week into an investment account that earns interest at 152 = 7%. Calculate each of the following: (a) The number of full payments required Answer: payments (b) the size of the concluding payment using the 'balloon' payment method Answer: $

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