You open a brand-new savings account January 1, 2021. every paycheck you earn you deposit $25 into a savings account and you never make any withdrawals from this account. your savings account makes 0.01% interest and is compounded monthly. Assuming you get paid every two weeks how much money will you have at the end of the year?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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You open a brand-new savings account January 1, 2021. every paycheck you earn you deposit $25 into a savings account and you never make any withdrawals from this account. your savings account makes 0.01% interest and is compounded monthly. Assuming you get paid every two weeks how much money will you have at the end of the year?

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