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1. Ina deposited $9,000 with a bank in a 10-year certificate of deposit yielding 5% compounded daily. Find the compound amount. $12,771.18 $16,123.02 $14,837.98 $23,837.98
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1. Ina deposited $9,000 with a bank in a 10-year certificate of deposit yielding 5% compounded daily. Find the compound amount.

$12,771.18
$16,123.02
$14,837.98
$23,837.98

User VishalPandita
by
3.9k points

1 Answer

10 votes

Answer:

14,837.98

Explanation:

i just took a test and got it wrong with the answer the other person said , the test said this was the right answer :)

User Discordian
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