Your bank pays 1.25 percent on Christmas Club accounts. How much must you put into an account weekly beginning on January 2 in order to accumulate $3 000 on December 4? Assume weekly compounding and a non-leap year.

What will be an ideal response?


Trades & Technology

You might also like to view...

Letter J measures what distance on the tape?

Reduce all fractions to their simplest forms. Convert all improper fractions to mixed numbers. Provide answers in the following format:

Fraction: 3/4
Mixed number: 1 5/8

Trades & Technology

How can you control the pulse rate of the UJT?

What will be an ideal response?

Trades & Technology

What type of feature would require a profile leveling of connected straight lines and curves?

What will be an ideal response?

Trades & Technology

This is a point, axis, line, or plane consistent with or resulting from processing or inspection equipment, such as a surface plate, inspection table, gage surface, or a mandrel.

What will be an ideal response?

Trades & Technology