document.write( "Question 1149944: (1 point) How much do you need to invest in an account earning an annual interest rate of 2.233% compounded weekly, so that your money will grow to $7,230.00 in 36 weeks?\r
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document.write( "7230=P(1+.02233/52)^52(?) I'm not sure what to put for t \n" );
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Algebra.Com's Answer #771290 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! (1 point) How much do you need to invest in an account earning an annual interest rate of 2.233% compounded weekly, so that your money will grow to $7,230.00 in 36 weeks? \n" ); document.write( "7230=P(1+.02233/52)^52(?) I'm not sure what to put for t \n" ); document.write( " I'm not sure if the amount is PER WEEK or a LUMP-SUM. Based on your calculation though, it appears to be a LUMP-SUM.\n" ); document.write( " |