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Robert invested $860 in an account paying an interest rate of 5.1% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 13
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Robert invested $860 in an account paying an interest rate of 5.1% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 13 years?

User Matt Self
by
8.0k points

2 Answers

10 votes

Answer:

1668.84

Explanation:

User Ian Ollmann
by
9.4k points
1 vote

Answer:1668.84

Explanation:

User Nate Petersen
by
8.6k points
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