146k views
19 votes
9

Emily Meyer
Compounding - Solve for Future Value
Jan 14,9:51:37 PM
Watch help video
?.
Brianna invested $25,000 in an account paying an interest rate of 3.6% compounded
daily. Assuming no deposits or withdrawals are made, how much money, to the
nearest cent, would be in the account after 18 years?
Answer:
Submit Answer
attempt 1 out of 2

1 Answer

12 votes

Answer:47791.31

Explanation:

User RomOne
by
6.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.