Find the total amount of the investment after 10 years if $6,000 is invested at 7.82% compounded daily.

asked Oct 27, 2022 31.3k views

16 votes

4.4k points

Please log in or register to add a comment.

4 votes

Answer:

13113.94

Explanation:

$PV(1+(i)/(n))^(nt)\\\\6000(1+(.0782)/(365))^(10*365)\\\\6000(1.0002142)^(3650)\\6000*2.1856= 13113.94$

HerbCSO answered Oct 29, 2022

3.9k points

6 votes

Answer:

your future account value: $13,113.94

Explanation:

RSilva answered Nov 3, 2022

4.4k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.7m questions

6.1m answers