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payshencec21
22.10.2020 •
Mathematics
The manager of a technology store wants to save $20,000 in 3 years to make a down payment on a condominium. How much (in dollars) does the manager need to invest at the beginning of each week into an account that earns 7.25% interest compounded weekly
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Ответ:
Step-by-step explanation:
the expression for compound interest is given as
A=$20,000
P=?
r=7.25%=0.0725
n=52 weeks
t=3 year
the manager need to invest $16,104.35
Ответ: