SOLUTION: Annuities 1) Savings Sam deposits $5 per week 5% annual interest. How much is in the account after 2 years (104 weeks)?

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Question 1193935: Annuities
1) Savings Sam deposits $5 per week 5% annual interest. How much is in the account after 2 years (104 weeks)?

Answer by ikleyn(52887) About Me  (Show Source):
You can put this solution on YOUR website!
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Annuities
1) Savings Sam deposits $5 per week 5% annual interest. How much is in the account after 2 years (104 weeks)?
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The post / (the problem)  is  FATALLY  INCOMPLETE.

To be complete and correct,  it must say what the compounding period is.


Do you generate/create/compose Math problems on your own ?     Without knowing the subject ?