Question

http://prntscr.com/agau6i I used the standard compound interest formula.
So ... why am I wrong? :\

Answer 1

\[10,000\left(1+\frac{0.04}{52}\right)^{52\times5}\]

Answer 2

may i see the formula please?

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @skullpatrol
may i see the formula please?
\(\color{#0cbb34}{\text{End of Quote}}\)
I just typed it.\[P\left(1+\frac{r}{n}\right)^{nt}\]\[P=$10,000\rightarrow r=0.04\rightarrow n=52\rightarrow t=5\]

Answer 4

https://www.youtube.com/watch?v=Rm6UdfRs3gw

Answer 5

He^ does good business videos

Answer 6

\(\color{#0cbb34}{\text{Originally Posted by}}\) @skullpatrol
https://www.youtube.com/watch?v=Rm6UdfRs3gw
\(\color{#0cbb34}{\text{End of Quote}}\)
Ok this is really sad but I didn't understand that. ^-^;

It's almost 2 am x_x

Answer 7

Are you saying I used the wrong formula, though?

Answer 8

Nope, it looks ok to me...