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nt r Use the interest formula 4 =P(1 + ) . n An investment offers 4.5% interest compounded weekly if the investor keeps the money
nt r Use the interest formula 4 =P(1 + ) . n An investment offers 4.5% interest compounded weekly if the investor keeps the money untouched for a 4-year period. (This is known as a certificate of deposit.) Round your answers to the nearest cent. Part: 0 / 2 Part 1 of 2 (a) How much would an initial investment of $8000 be worth at the end of the initial 4-year period? At the end of the initial 4-year period, the $8000 would be worth $ % S
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