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:
I think what you are asking for is an example.
Step-by-step explanation:
Standard form equation
8x-4y = 20
1. move 8x to the other side
-4y=20-8x
2. divide both sides by -4
3. Solve for this...
y=2x-5
You should pat a total of $90.44
Answer:
There were 8 total steps
Step-by-step explanation:
Okay, so we start in the middle.
-2 + 4 = 2. We're back in the middle.
2 - 3 = -1. One away from the middle.
-1 + 5 = 4. Now you're at the top.
4 x 2 = 8
