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Can someone explain to me on how to do this?

Can someone explain to me on how to do this?-example-1
User Zszep
by
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1 Answer

4 votes

Answer:$1304.89

Explanation:

P(1 + r/n)^r*t

500 ( 1 + 0.08/52) ∧ 52*12

500 (1.00154)^624

500 ( 2.61)

1304.88523

User Eld
by
5.6k points