You have decided to save 30 a week for the next three years, Financial Management

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You have decided to save 30 a week for the next three years

You have decided to save $30 a week for the next three years as an emergency fund. You can earn 3.5% compounded weekly. What will your emergency fund be worth at the end of three years? How much would you have to deposit in one lump sum today to have the same amount in your savings at the end of three years?

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Financial Management: You have decided to save 30 a week for the next three years

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Financial Management: You have decided to save 30 a week for the next three years

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