Gordon Franklin
11/11/2023 · Elementary School
12) Hans opens a savings account by depositing \( \$ 1200 \) in an account that earns \( 3 \% \) interest compounded weekly. How much will his investment be worth in 10 years? Assume there are exactly 52 weeks in a year and round your answer to the nearest cent.
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The investment will be worth approximately \$1618.62 after 10 years.
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