kaiden deposited $6200 into a savings account for which interest is compounded weekly at a rate of 2.77% .
How much interest will he earn after 8 years?
Total = Princ * (1 + rate/n)^n*years Total = 6,200 * (1 + .0277/52)^52*8 Total = 6,200 * (1.0005326923)^416 Total = 6,200 * 1.2479984094
Total =
7,737.59