February 25, 2017

Homework Help: math formula?

Posted by Aly on Thursday, January 20, 2011 at 5:20pm.

Mary would like to save $10 000 at the end of 5 years for a future down payment on a car. How much should she deposit at the end of each week in a savings account that pays 12%/a, compounded monthly, to meet her goal?

d. Determine the weekly deposit without technology.

Can someone provide me with the formula please?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions