document.write( "Question 1172324: Q: Determine amount of money after 40 years at 7 percent annual yield, investing $25/week.\r
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Algebra.Com's Answer #797332 by 1984aleem(1)![]() ![]() You can put this solution on YOUR website! Ans: In one year there are 52 weeks so if some invest 25 dollars per week this means in one year total 1300 dollars are invested. \n" ); document.write( "If we have annual increase of 7% per year. Then after 40 years the amount of money will be given by following formulas: \n" ); document.write( "1300 . (1.07)^40 = 19, 466.795191 us dollars (Ninteen Thousand Four Hundred Sixty Six Dollars with the addition of .795191 part of one dollar.) \n" ); document.write( " |