Homework Answers
Answer. $9976.23
It is assumed that there are 52.18 weeks in a year
First, we will convert intrest rate per year into interest rate
per annum payble weekly.
Then, we will use this formula in the following equation-
![Let I be the weekly dehost 1531991 = D x S 16 (52.18) 1531 991= Dx i x 5201 @i (52-18) 1531991 D x 0.1179 x[1.11792-1] 011571](http://img.homeworklib.com/questions/80c120e0-291b-11eb-aa7f-c76001323eeb.png?x-oss-process=image/resize,w_560)
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