Question 17 An investment of $5 pays interest of 3.5% per week. What will be the value of this investment at the end of 3 years? (assume 52 weeks in one year) OA. $1070.7 OB. $734.5 OC. $112.2 OD. $1318.8

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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**Question 17**

An investment of $5 pays interest of 3.5% per week. What will be the value of this investment at the end of 3 years? (Assume 52 weeks in one year)

- A. $1070.7
- B. $734.5
- C. $112.2
- D. $1318.8

There are no graphs or diagrams in the image.
Transcribed Image Text:**Question 17** An investment of $5 pays interest of 3.5% per week. What will be the value of this investment at the end of 3 years? (Assume 52 weeks in one year) - A. $1070.7 - B. $734.5 - C. $112.2 - D. $1318.8 There are no graphs or diagrams in the image.
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