1. How much money would you have to deposit into a savings account initially at 3.05% interest...

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1. How much money would you have to deposit into a savings account initially at 3.05% interest compounded quarterly in order to have $2474 after 7 years?
2. How much money would you have in the bank after 2 years if you deposited $1000 at 5.2% interest compounded weekly?
Use difference equations to answer the question.
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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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