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Find the final amount of money in an account if $9,300 is deposited at 5% interest compounded weekly and the money is left for 6 years.

Find the final amount of money in an account if $9,300 is deposited at 5% interest compounded weekly and the money is left for 6 years.
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4 votes
Find the final amount of money in an account if $9,300 is deposited at 5% interest compounded weekly and the money is left for 6 years.

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User Bob Thule
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1 Answer

5 votes
after calculation his end balance will be $12,551.88 which is 3251.88 over his original amount of money.
answered
User Steven Sun
by
8.2k points
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