(Answered)-You plan to invest $3905 in a money market account which will pay - (2025 Updated Original AI-Free Solution

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Question

You plan to invest $3905 in a money market account which will pay an annual stated (simple) interest rate of 2.5 percent, but which compounds interest on a weekly basis. If you leave this money on deposit for 3 years, what will be your ending balance when you close the account?