ArianaBrande ArianaBrande

12-03-2018
Mathematics

contestada

What is the interest earnt on a $5000 investment at 6.4% p.a. after 3 years if interest is compounded weekly?

Respuesta :

shresthasusan44 shresthasusan44

12-03-2018

let's assume there are 52 weeks in a year,
so we have , rate= 6.4/52= 0.123%
now ,
c.i = 5000[(1+0.123/100)^3×52 -1]
= $1056.911
took me a while

Answer Link

Otras preguntas

Four times a number is equal to three times the quantity of one more than the number. What is the number? a. 1 b. 2 c. 3 d. 4 e. 5

A pickup truck has a box sitting loose in its bed. The box has a mass of 2.5 kg and the coefficient of static friction between the box and the pickup bed is 0.8

Giving brainliest How did the division of the Roman Empire affect the Western Roman Empire’s economy? It flourished because it was wealthier than the Eastern Ro

Find the value of x. 95° (7x - 4)^ (3x + 23) (9x - 6) ASAP PLEASE

1 point #1. Choose the sentence that has correct punctuation. Punctuation would include commas, end marks, colons, semicolons, and hyphens.Untitled Question You

A new species uses photosynthesis to create energy. It must be pollinated by animals because it cannot move. Which kingdom will the species be in?

Which equation has a zero slope and y-intercept of -2? Question 3 options: a) y = x + 2 b) y = 2 c) y = -2x + 0 d) y = -2

The soccer player kicked the ball 10 yards to make a goal,How for would the kick be if measured in feet

please help me I only have a couple hours until the semester ends explain how you might revise your recipe to include granola. How would you add it to the proce

I NEED HELPPP ON THIS PLZZZ