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ElenaW [278]
4 years ago
8

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

Mathematics
1 answer:
Fiesta28 [93]4 years ago
3 0
Total = Princ * (1 + rate/n)^n*years
Total = 6,200 * (1 + .0277/52)^52*8
Total = 6,200 * <span>(1.0005326923)^416
</span><span>Total = 6,200 * </span><span><span><span>1.2479984094 </span> </span> </span>
Total = <span> <span> <span> 7,737.59

</span></span></span>

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