Question: Danny wants to start saving. He decides to make a one-time $43,000 deposit into an account which pays an annual interest rate of 0.9% compounded
Danny wants to start saving. He decides to make a one-time $43,000 deposit into an account which pays an annual interest rate of 0.9% compounded weekly. Danny decides not to touch the account for 9 years, what will be the final balance at the end of the term?
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