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olchik [2.2K]
3 years ago
5

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

Mathematics
1 answer:
Mumz [18]3 years ago
8 0

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

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