He will use this money as a down payment on a new home at


Hank Schrader plans to invest ?$100 at the end of each week for 3 years into an account with an APR of 9.5 percent compounded weekly. He will use this money as a down payment on a new home at the end of the 3 years. How large will his down payment be 3 years from? today? (round to the nearest cent)

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Financial Management: He will use this money as a down payment on a new home at
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