Leo deposited $7,770.11 in an account that earned 2.5% interest compounded weekly for 13
years. after 13 years, how much had leo earned in interest?

The amount which Leo earned weekly is $10747.616

Step-by-step explanation:

Given as :

Principal deposited in account = $7,770.11

The compounded weekly rate of interest = 2.5%  

The time period of loan = 13 years

Let the amount Leo earned = A

From compounded method

Amount = Principal ×

Or, Amount = $7,770.11 ×

Or, Amount = $7,770.11 ×

Or, Amount = $7,770.11 × 1.3832

∴    Amount = $10747.616

Hence The amount which Leo earned weekly is $10747.616  Answer

d

gimmee one of those gold crowns!

~coco

make sure you have version 2.50

try looking in the very back of the book : )

step-by-step explanation:

you can download it here