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21 January, 13:25

If Jeannie invests $7,250 at a rate of 12%, compounded weekly, find the value of the investment after 10 years. $24,037.59 $16,027.44 $22,517.40 $24,070.85

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  1. 21 January, 15:34
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    A (t) = P (1 + (r/n)) ^ (n*t)

    A (10) = 7250 (1 + (0.12/52)) ^ (10*52)

    A (10) = $24037.59
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