Zeb is going to deposit $3370 into an account that earns 14% APR compounded annually for 37 weeks.
What is the "n" in the compound interest formula?
n=
What is the "t" in the compound interest formula? Enter as a fraction.
years
What is the "nt" in the compound interest formula? Enter as a fraction
nt=
How much money will Zeb have in this account 37 weeks from now?
$
How much of this amount is from interest earned?
2 answers
it will never compound if it is compounded annually for 37 weeks because 37 weeks is less than a year
okay so what do i do?
1 answer