SOLUTION: Jen spends $4 per week on lottery tickets. If she takes the same amount that she spends on lottery tickets and invests it each week for the next five years at 11% How much will she

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Question 1047068: Jen spends $4 per week on lottery tickets. If she takes the same amount that she spends on lottery tickets and invests it each week for the next five years at 11% How much will she have in five years
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
How often is it compounded? If it's compounded weekly use this formula:
A = 4/(0.11/52)