Calculate the interest earned and the future value of the account. $5,000 is deposited into an account that earns 3.5% interest compounded daily for 10 years.

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Ron Jacobs asked Feb 19, 2022

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Calculate the interest earned and the future value of the account. $5,000 is deposited into an account that earns 3.5% interest compounded daily for 10 years.

Mathematics
college

Ron Jacobs asked Feb 19, 2022

by Ron Jacobs

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Answer: 89%

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Herbert Poul answered Feb 25, 2022

by Herbert Poul

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