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What will be the total amount of money saved after one year if $100 is saved every two weeks?
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If you save $100 every two weeks for a year, you will have a total of $2,600 [1].
Here's the breakdown:
- There are 52 weeks in a year, and if you save every two weeks, you will save 26 times in a year.
- Each time you save $100, you will accumulate a total of $2,600 over the course of the year.
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