document.write( "Question 998731: John decides to start saving money for a new car. He knows he can invest money into an account which will earn 6.5% APR, compounded weekly, and would like to have saved $10,000 after 5 years. Determine the 5-year percent change for the account.\r
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Algebra.Com's Answer #616551 by MathTherapy(10552) $\"\"$ $\"About$

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John decides to start saving money for a new car. He knows he can invest money into an account which will earn 6.5% APR, compounded weekly, and would like to have saved $10,000 after 5 years. Determine the 5-year percent change for the account.\r
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Use the present value formula:  to find the present value or amount to be invested today. You should get a present value of: $7,226.74.
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document.write( "Percent change: 
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document.write( "Do the calc.! \n" );
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