Mary would like to save $10 000 at the end of 5 years for a future down payment on a car. How much should she deposit at the end of each week in a savings account that pays 12%/a compounded monthly, to meet her goal?(adsbygoogle = window.adsbygoogle || []).push({});

This is a general ordinary annuity

therefore before I make the line diagram and write out the series and find out the weekly payment Im thinking that I will probably have to find the nominal interest rate first Is this correct? How do I do this question? PLz help me

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# Fv=10 000 What do I do to find weekly payment general annuity

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