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Unit 5: Mathematics of Finance You may use the following formulae. S =P (1+ in 100m C. - P (1+1) 100m An 100m 2 How
Unit 5: Mathematics of Finance You may use the following formulae. S =P (1+ in 100m C. - P (1+1) 100m An 100m 2 How much do you need to deposit weekly into a saving account offering 6% interest compounded weekly if you want to have at least $10,000 in the account immediately after the 50th deposit? Select one a None of the other alternatives. b. $9,720.50 c. $316.81 d $180.67 e. $194.41 100m
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