Solution

Find the final amount of money in an account if 3, 300 is deposited at 2% interest compounded weekly and the money is left for 5 years.

Solution

Solution steps
Translate the problem into an equation:
Round to the nearest hundredth:

Popular Examples

the sum of two consecutive even integers is-6The product of two consecutive negative integers is 42. Find the value of the greater integer.How much money will there be in an account at the end of 4 years if ​9000 is deposited at 4​% interest compounded quarterly?seven times a numberAfter a 30% discount a pair of shoes cost 84. What was the price before the discount? Leave out the symbol in your answer