document.write( "Question 192799: You invest $5500 at an annual rate of 4.75% compounded weekly. How much money would you have after 8 years? \n" ); document.write( "

Algebra.Com's Answer #144703 by Mathtut(3670) $\"\"$ $\"About$

You can put this solution on YOUR website!
$\"Fv=P%281%2Br%2Fn%29%5Ent\"$
\n" ); document.write( ":
\n" ); document.write( " $\"Fv=5500%281%2B%28.0475%2F52%29%29%5E%2852%2A8%29\"$
\n" ); document.write( ":
\n" ); document.write( " $\"Fv=5500%281.0009134%29%5E416\"$
\n" ); document.write( ":
\n" ); document.write( " $\"Fv=5500%281.462%29\"$
\n" ); document.write( ":
\n" ); document.write( " $\"Fv=8041\"$ \n" ); document.write( "

\n" );