Kaylee used her graduation money to set up a savings account that earns 3.4% interest
compounded weekly. If the original amount deposited was $500, how much interest will she have
earned after 10 years?

$702.37

Step-by-step explanation:

-Lets take 1 year has 52 weeks.

#Effective interest rate for 3.4% compounded weekly:

#We use the effective rate to calculate the compounded amount after 10 years as follows:

Hence, the compounded amount after 10 years is $702.37

after simplifying it i got: -36.25 as my answer. hope that !