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Natalie opened and account with a 3.5% APR which compounds weekly. She deposits $25 each week after her initial deposit of $25. How long will she need to have her money invested until her account balance is $8000? Please! Extremally important, show work too. Thank you so much!

User Leth
by
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2 Answers

4 votes

Answer

hey can we talk

Explanation:

User Kiranpradeep
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0 votes
For each deposit she makes 3.5 is being subtracted for the money she makes so 8000 would be 45 tries
User Lukasz M
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