Given an investment of $2,000 What would be the balance after 5 years compounded daily with an interest rate of 3.4% O $237.06 O $2370.59 O $1185.30 0 $2367.22

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asked Dec 28, 2022 183k views

4 votes

Given an investment of $2,000

What would be the balance after 5 years compounded daily with an interest rate of 3.4%
O $237.06
O $2370.59
O $1185.30
0 $2367.22

Mathematics
college

Jose CC asked

by Jose CC

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1 Answer

3 votes

Answer:

$2370.59

Explanation:

the final balance is $2370.59

KunLun answered Jan 3, 2023

by KunLun

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