nourelzarou nourelzarou

05-11-2020
Mathematics

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Can someone do this? You invest $6000 today. What interest rate is needed to have $8000 in 4 years if
money is compounded weekly?

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Ashi360Nicki123 Ashi360Nicki123

05-11-2020

Answer:

R = 7.197% per year

Step-by-step explanation:

r = n[(A/P)1/nt - 1]

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