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Katena32 [7]
3 years ago
7

I need help on this quiz.Its due tomorrow please help.

Mathematics
1 answer:
sineoko [7]3 years ago
7 0
IS Y=2x^2 or Y=2X^3 
give me the exponent
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Help pls I don’t understand this my teacher didn’t teach this
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Paladinen [302]

Answer:

  $46,141.71

Step-by-step explanation:

This looks about right, based on weekly deposits for the duration. However, I cannot vouch for it entirely, as the number of weekly deposits in 15 years will actually be 782.

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Computing this by hand doing the initial balance separately from the weekly deposits, I get a total of $46,252.10 using 782 weekly deposits. For that purpose, I tried to figure an equivalent weekly interest rate given monthly compounding and the fact there are 52 5/28 weeks in a year on average.

I suspect the only way to get this to the cent would be to build a spreadsheet with payment dates and interest computation/payment dates. Some months, there would be 5 deposits between interest computations; some years there would be 53 deposits.

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