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2 years ago

Kaiden deposited $6200 into a savings account for which interest is compounded weekly at a rate of 2.77%.

Mathematics

1 answer:

scoray [572]2 years ago

5 0

A=p(1+i/m)^mn
A=6,200×(1+0.0277÷52)^(52×8)
A=7,737.59
Interest earned=7737.59-6200=1537.59

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Answer:

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Step-by-step explanation:

We have been given that the combustion of one gallon of automobile fuel produces about 5 pounds of carbon (in CO₂). Two autos are making a trip of 600 miles.

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