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Cooper invested $1,100 in an account paying an interest rate of 3.8% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 10
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Cooper invested $1,100 in an account paying an interest rate of 3.8% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 10 years?

User Gmarian
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2 Answers

1 vote

Answer:

Explanation:

User OneNeptune
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4.8k points
4 votes

Answer: 1608.48

Explanation:

Cooper invested $1,100 in an account paying an interest rate of 3.8% compounded daily-example-1
User Doogie
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4.5k points
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