4 years ago

Darcy keeps $5,000 in a bank account that does

Mathematics

1 answer:

den301095 [7]4 years ago

4 0

Answer:

Amount withdrawal = $2,847.66 (Approx)

Step-by-step explanation:

Given:

Amount deposit = $5,000

Withdraws percent = 10 % = 0.1

Number of weeks = 8

Find:

Amount withdrawal

Computation:

Amount withdrawal = 5,000[1-(0.1)⁸]

Amount withdrawal = 5,000[0.56953279]

Amount withdrawal = $2,847.66 (Approx)

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