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Vanyuwa [196]
2 years ago
4

Kaiden deposited $6200 into a savings account for which interest is compounded weekly at a rate of 2.77%. How much interest will

he earn after 8 years?
A. $1537.59
B. $1373.92
C. $201.31
D. $174.09
Mathematics
1 answer:
Vitek1552 [10]2 years ago
8 0
The answer is actually $71,443.84 since 6200×2.77%= 171.74 and 171.74×(8×52)= 71443.84
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