Jordan M.

asked • 03/08/21

Financial Literacy

A good friend of yours received $4000 from his Grandparents when he finished grade 10. He wants to invest it for two years and then use it to travel when he finishes grade 12.

If he invests his money at 3.75% compounded weekly, how much money will he have for his travels?

1 Expert Answer


Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.


Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.