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uysha [10]
3 years ago
9

Zach's parents put $1,500 in her bank account for college tuition. At an interest rate of

Mathematics
1 answer:
jolli1 [7]3 years ago
8 0

Answer:

After 18 years, Zach's account balance will be $ 6,614.66.

Step-by-step explanation:

Given that Zach's parents put $ 1,500 in her bank account for college tuition at an interest rate of 8.25% compounded weekly, to determine what will be the balance after 18 years the following calculation must be performed:

1,500 x (1 + 0.0825 / 52) ^ 18x52 = X

1,500 x 1.00158653 ^ 936 = X

6,614.66 = X

Therefore, after 18 years, Zach's account balance will be $ 6,614.66.

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1. Ruth Lockwood earns $2,917 a month as a supervisor for Acme
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Answer:

a. 25%

b. $1560

c. $130

Step-by-step explanation:

a.

If 75% is paid by company, the rest is paid by Ruth.

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3 years ago
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