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
The sum formula for a geometric sequaence is:
sum(n) = a1(1-r^n)/1-r
Where n is the number of terms, a1 is the first term and r is the common ratio:
s(8) = 3(1-1/2^8) / (1-1/2)
s(8) = 3(1-1/256) / 1/2
s(8) = 2 253/256 / 1/2
s(8) = 765/128
The answer is C.
I’m not sure what the answer is but I hope someone helps you. Have a nice day‼️12
Hey there Altagraciasouth :)
Significant Figure Question:
**Question 4162 to 3 SF
Explanation:
We first have to look for the third number in 4162. That would be 62!
So we round 62 to the nearest ten. Which gives us 60!
**Answer: 4160
Hope this helped :)
Answer:
$29.25
Step-by-step explanation:
Divide the cost of the turkey by 12 to obtain the unit cost then multiply this by 13
cost = 
× 13 = $29.25
