Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
Answer:
21/41
Step-by-step explanation:
Find the total number of students
6+7+2+3+6+8+4+5=41
Then find the students that do not study chemistry
6+7+2+5 = 20
P( not study chemistry) = do not study chem)/total
=21/41
Answer:
140%
Step-by-step explanation:
28-10 = 14 person enrolled
14/10 = 140%