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:
44%
Step-by-step explanation:
1) You divide 209 by 475
2) Take 0.44 and move the decimal over 1 place to make <u>44%</u>
Answer:
-27
Step-by-step explanation:
subtract 8 from 35