SOLUTION: Find the future value of an annuity with weekly deposits of $12.00, made over a period of five years, with 3.8% interest compounded weekly.

SOLUTION: Find the future value of an annuity with weekly deposits of $12.00, made over a period of five years, with 3.8% interest compounded weekly.

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Question 201287: Find the future value of an annuity with weekly deposits of $12.00, made over a period of five years, with 3.8% interest compounded weekly.
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=(P((1+i)^n)-1)/n
FV=(12((1+.000146)^260)-1)/.000146
$3180.82
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