Answer:
16,755.63
Step-by-step explanation:
I'm going to assume that there are 52 weeks in a year
Compound interest formula:
[tex]PV(1+\frac{i}{n})^{n*t}\\5000(1+\frac{.0605}{52})^{52*20}\\5000(1.001163462)^{1040}\\16755.63406[/tex]
which i wwill round to
16755.63
