BANKING Malik deposits $5000 in an account that pays 3.9% interest compounded weekly. What will be the value of the account in 8 years? Round to the nearest cent.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 49CR
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BANKING Malik deposits $5000 in an account that pays 3.9% interest compounded weekly. What will be the value of the account in 8 years?
Round to the nearest cent.
Transcribed Image Text:BANKING Malik deposits $5000 in an account that pays 3.9% interest compounded weekly. What will be the value of the account in 8 years? Round to the nearest cent.
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