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If you leave $2300 in an account earning 3% interest, compounded daily, how much money will be in the account after 5 years? (Round your answer to two decimal places.)
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May 10, 2022
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If you leave $2300 in an account earning 3% interest, compounded daily, how much money will be in the account after 5 years? (Round your answer to two decimal places.)
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Aiko West
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Answer:
$2672.20
Explanation:
2300(1+(0.03)/(365))^(5*365)
=$2672.20
Andris Leduskrasts
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May 16, 2022
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Andris Leduskrasts
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