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    Stable Savings and Investments

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    I need some help with this question:

    At the age of 18, a young girl started saving $50 at the start of every week. Over the years, her savings has been invested in medium sized corporations that have paid 11.5% annual returns. Celebrating a 48th birthday this week, how much money does she have invested in this account?

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    Solution Summary

    This solution provides a formula for the computation of an investment problem and solves it in Excel.