Answer:
259
Step-by-step explanation:
Answer:
the answer is D which is 6
Answer:
wq3fergsefgedfgyhtrfedcsyhngfd
Step-by-step explanation:
Answer:
the final amount value is $4,274.58
Step-by-step explanation:
Given that
Present value = $3,500
Time period = 5 × 52 = 260
Rate of interest = 4% ÷ 52 = 0.0769%
We need to determine the final amount i.e. future value
So as we know that
Future value = Present value × (1 + rate of interest)^time period
= $3,500 × (1 + 0.0769%)^260
= $4,274.58
Hence, the final amount value is $4,274.58
