9. Albert is depositing $70 at the end of each week in an account where the annual interest rate is 5.7%, compounded weekly. (a) how much money will there be in the account after two years (one year is 52 weeks)? Write the formula in the box below Write the answer in the box below 2P d (b) of the amount referred to in part (a), how much is the interest? Show work above and write the answer in the box below Seong Isto 10. What is the monthly payment on a $250,000, 15-year loan if the annual interest rate is 6.9% compounded menthly? Write the formula in the box below 0.00575 1- (1 + 0.00575) -18² 250 Write the answer in the box below 233,12 esiminim s brs

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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9. Albert is depositing $70 at the end of each week in an account where the annual interest rate
is 5.7%, compounded weekly.
(a) how much money will there be in the account after two years (one year is 52 weeks)?
Write the formula in the box below
Write the answer in the box below
20
MP
pert (a). how much is the inte
(b) of the amount referred to in part (a), how much is the interest?
Show work above and write the answer in the box below
Seong listos mun
10. What is the monthly payment on a $250,000, 15-year loan if the annual interest rate is
6.9% compounded monthly?
Write the formula in the box below
0.00575
250
1- (1+0.00575) - 180
Write the answer in the box below
2,233.12
osi
sill ni lioa erit of
Stalinuome
Transcribed Image Text:9. Albert is depositing $70 at the end of each week in an account where the annual interest rate is 5.7%, compounded weekly. (a) how much money will there be in the account after two years (one year is 52 weeks)? Write the formula in the box below Write the answer in the box below 20 MP pert (a). how much is the inte (b) of the amount referred to in part (a), how much is the interest? Show work above and write the answer in the box below Seong listos mun 10. What is the monthly payment on a $250,000, 15-year loan if the annual interest rate is 6.9% compounded monthly? Write the formula in the box below 0.00575 250 1- (1+0.00575) - 180 Write the answer in the box below 2,233.12 osi sill ni lioa erit of Stalinuome
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