maths question

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if one borrows R7500 frome the lone shark at interest rae of 26% per year componded weekly how much will one have to pay back after 78 weeks

Guest Aug 13, 2013

Guest · Answer 1 · 2013-08-15T04:07:19

The amount owes at 25% per week after 78 weeks is 7500 * (1 + 0.26) ^ 78
The result is 505 782 481 154.75

dimaria6100 · Answer 2 · 2013-08-16T11:30:23

[input]7500*(1+0.26/56)^78[/input]