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19 votes
Use the compound interest formula to determine the final value of the given amount.

$350 at 6% compounded daily for 20 years

User CCovey
by
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2 Answers

8 votes

Answer:

$351.15 mb if its wrong

Explanation:

350(1+0.06/365)^20 = 351.1524...

= 351.15

User Nicolass
by
7.5k points
8 votes

Answer:

Share your blessing because I have another question

User Mindaugas Li
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