Question

. MONEY Hans opens a savings account by depositing $1200. The account earns

Answer 1

Answer:

$3391.54

Step-by-step explanation:

compound interest formula is

$Fv=Pv$ × $(1 + \frac{i}{n} )^{nt}$

Fv= future value

Pv= present value

i= annual interest rate

n= number of days/months/weeks etc

t= time in years

in this case I used "i" as weekly interest rate