124,453 views
8 votes
8 votes
Hans opens a savings account by depositing $1200. The account earns 0.2 percent interest compounded weekly. How much will be in the account in 10 years if he makes no more deposits? Assume that there are exactly 52 weeks in a year, and round your answer to the nearest cent.

User Justin Lambert
by
2.6k points

2 Answers

15 votes
15 votes

Answer:124800

Step-by-step explanation:1200x.2=240, 52x10=520, 240x520=124,800

User Niksfirefly
by
3.1k points
11 votes
11 votes

Answer:

$1,619.69

Explanation:

its right i checked

User Abidmix
by
2.9k points
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