tamela_lsu
New member
College Expenses Dan works during the summer to help
with expenses at school the following year. He is able to save
$100 each week for 12 weeks, and he invests it at 6% compounded
weekly.
(a) How much does he have after 12 weeks?
(b) When school starts, Dan will begin to withdraw equal
amounts from this account each week.What is the most
Dan can withdraw each week for 34 weeks?
with expenses at school the following year. He is able to save
$100 each week for 12 weeks, and he invests it at 6% compounded
weekly.
(a) How much does he have after 12 weeks?
(b) When school starts, Dan will begin to withdraw equal
amounts from this account each week.What is the most
Dan can withdraw each week for 34 weeks?