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Chrome File View History Bookmarks Profiles Tab Window Help GO Q 8 Sun Nov 30 3:46 PM X Lu Exam: 4.8, 5.1 - 5.3 and 5.6 / x ALEKS - Jacob Cascio - Exam x A ALEKS - Session Closed X Gemini Mathway | Algebra Problem S X solve this - Google Search Home | myLU G go www-awu.aleks.com/alekscgi/x/Isl.exe/10_u-IgNslkr7j8P3jH-li-WSp540wncg8Tof4a5q5fmgWG31RYRVbH21fCiPIxGWUuD8fpiOPSOVKa9dVWrCik_... Ca C fork-help/thread/66993483 All Bookmarks Exam: 4.8, 5.1 - 5.3 and 5.6 Assignment urse documents, Al Chat with PDF Upload for Unlocks Time Remaining: 2:15:32 Expert Help Study Resources v Question 17 of 25 (1 point) | Question Attempt: 1 of 1 Jacob v Espanol . One year (t = 12): 8(1.1)^12 = 8(3.138428) = 25.1074 = 25.1 lb Fu = 13 = 14 = 15 = 16 = 17 18 19 20 21 22 23 24 Answers (nearest tenth of a pound): one month: 8.8 lb two months: 9.7 lb Use the interest formula A=P(1 + * )". . six months: 14.2 lb . nine months: 18.9 lb An investment offers 7.5% interest compounded weekly if the investor keeps the money untouched for a 3-year period. (This is known as a certificate of deposit.) Round your answers to the nearest cent. one year: 25.1 lb Part: 0 / 2 Verify with tutor Part 1 of 2 (a) How much would an initial investment of $8000 be worth at the end of the initial 3-year period? At the end of the initial 3-year period, the $8000 would be worth $ 10,016.29 solve this X Answer explanation by Al Answer (Part 1 of 2): $10,016.29 Part: 1 / 2 Step-by-step: Part 2 of 2 . Use compound interest: A 1 2 3 (b) If the investor decides to roll that new amount into another certificate of deposit with the same terms, find the value at the end of the second 3-year B period. At the end of the second 3-year period, the value of the investment would be $ Sources X . . . . . . - . . . . .. Ask Al your follow up question. Do not enter personal information. Attach image Upload doc Continue Submit Assignment 2025 McGraw Hill. Terms of Use | Privacy Center | Accessibility Minecraft 33 NOV 2 exec 30 utv 4