Question

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Answer 1

The effectively daily interest is: 1+(0.035/365) = 1.00009589
From April 2 to July 1, there are 90 days. From June 2 to July 1, there are 29 days.
Therefore the future value is:
14710(1.00009589)^90 + 5100(1.00009589)^29 = $19,951.69. This is the last of the 4 choices.