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(NO LINKS) How much compound interest is earned on a deposit of $6000 at 2.25%, compounded daily for 22 days?
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1 vote
(NO LINKS)

How much compound interest is earned on a deposit of $6000 at 2.25%, compounded daily for 22 days?

User Biggdman
by
6.4k points

2 Answers

2 votes
Yup you need to know the difference between compound and simple and it will
Just have to plug in and boom easy !! Good luck in the future try looking up how to solve it will make life easier
User Michal Drozd
by
6.3k points
0 votes

Answer:

Total: $9,789.13

Interest: $3,789.13

Explanation:

User Yekver
by
6.2k points
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