SOLUTION: Depok deposited $256 In a savings account. The amount in the savings account increases by 1/2% every week. How much money was in the account after 4 weeks?
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Question 1072893: Depok deposited $256 In a savings account. The amount in the savings account increases by 1/2% every week. How much money was in the account after 4 weeks?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
The interest rate is 1/2% a week; so after 4 weeks:
A=256(1+.005)^4
A=$261.1585 in the account after 4 weeks.
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