
Lenny D. answered 04/16/19
Financial Professional with many years of Wall Street Experience
Question 1. one dollar invested at 5% annuall compounded weekly will be worth
(1+(1/52)I) in two weeks it will be Worth (1+i/52)^2 in a year it will be worth (1+i/52)^52.
in n years it will be worth (1+i/52)^52n. i/52 =(1.05125(^n)
For 2, Current time is 20.5 minutes Every month reduces T by .5 minutes or Time = 20.5 -.5*(months trained). In 41 months she will be travelling at the speed of light