Question: you make a one time $ 1 8 , 0 0 0 deposit into an account which pays an annual interest rate of 3 .
you make a one time $ deposit into an account which pays an annual interest rate of compounded weekly. if you dont touch the account for years what will be the final balance at the end of term
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
