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Use the Daily Compounding chart in your book to answer the following question. Alana Geltner deposited $2,250 in a savings account that pays 5.5 percent interest compounded daily. How much interest did
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Use the Daily Compounding chart in your book to answer the following question. Alana Geltner deposited $2,250 in a savings account that pays 5.5 percent interest compounded daily. How much interest did she earn after 130 days?

User Christian Michael
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1 Answer

5 votes

Answer:

$2,369,136.10

Explanation:

she earned $2,369,136.10 in interest after 130 days

User Cullen Walsh
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