7. Fiona opens a savings account with a deposit of $1,020. The account pays 1.9% interest, compounded daily. What is the first day's interest?

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asked Oct 6, 2024 167k views

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Ryan Nelson · Answer 1 · 2024-10-12T07:20:40+0000

Answer: 537 is your total income on the first day of Interest

Step-by-step explanation: this is a fiance it opens a savings account and deposit 1020 the account pays 1.9% interest compounded a day or what is the person first I would do so divide 1,020 / 1.9 and don't forget 537 cuz you're total income for the first day

7. Fiona opens a savings account with a deposit of $1,020. The account pays 1.9% interest, compounded daily. What is the first day's interest?

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