Lotus Development has a software rental plancalled

Chapter 4, Problem 4.36

(choose chapter or problem)

Lotus Development has a software rental plancalled SmartSuite that is available on the WorldWide Web. A number of programs are available at$2.99 for 48 hours. If a construction company usesthe service every week for an average of 48 hours,what is the future worth of the rental costs for1year at an interest rate of 1% per month, compoundedweekly? (Assume 4 weeks per month.)

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