SOLUTION: what is the (compounded weekly) should you invest if you would like to grow $3624.84 to $4275 in 92 weeks?

Question 1203219: what is the (compounded weekly) should you invest if you would like to grow $3624.84 to $4275 in 92 weeks?

Found 2 solutions by ikleyn, josgarithmetic:
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
.

First, from the problem's formulation, it is unclear, if the question is about one-time deposit or weekly deposits.

Second, the APY (annual percentage yield) is not given, and without this info, the problem can not be solved, at all.

Do you try to compose problems on your own ?

For it, a composer should, at least, know the subject, know the terms and use them correctly.

Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
Something is wrong with how you wrote the question. You ask for two things or one thing?
You started in asking what is the interest rate.

Maybe you have this:
What is the interest rate, comounded weekly if you want $3624.84 to grow to $4725 in 92 weeks?

r for weekly interest rate as decimal number

Solve for r.
RELATED QUESTIONS
At what interest rate (compounded daily) should you invest if you would like to grow... (answered by Theo)
Suppose you invest $6,000 and would like your investment to grow to $8,000 in five years. (answered by jorel1380)
(1 point) How much do you need to invest in an account earning an annual interest rate of (answered by josmiceli,MathTherapy)
If you invest $300 at 2.25% compounded monthly, how many years (to the nearest hundredth) (answered by Boreal)
A high school student would like to save $50,000 for her year end party. How much should (answered by Theo)
How would you solve the questions: How long will it take for $1400 dollars to grow to... (answered by josmiceli,addingup,MathTherapy)
You would like to have $900,000 when you retire in 35 years. How much should you invest... (answered by Theo,math_tutor2020)
you would like to have $800,000 when you retire in 35 years. How much should you invest... (answered by Theo)
You would like to have $550,000 when you retire in 35 years. How much should you invest... (answered by addingup)