Find the total amount owed on a loan of $850 borrowed at 13.25% per annum compound interest adjusted weekly for six months ??
FV = PV [1 + R]^N
FV = 850 [1+ 0.1325/52]^26
FV = 850 x 1.06840378
FV =$908.14 Total amount owed -principal + interest.
