Calculate, to the Nearest Cent, the Future Value of an Investment

question 133

Short Answer

Calculate, to the nearest cent, the future value of an investment of $12,000 at 4.5% per year, compounded weekly, after 4 years. Assume 52 weeks per year.
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$ __________

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Definitions:

Relationship Management

The strategies and techniques used to maintain and improve interactions with clients, customers, and stakeholders.

Emotional Intelligence

The ability to understand, use, and manage your own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges, and defuse conflict.

Emotional Dissonance

The internal conflict experienced when one's genuine emotions differ from the emotions one is required to exhibit.

Psychological Contract

An unwritten agreement that outlines the expectations between employees and employers, including mutual beliefs, perceptions, and informal obligations.