Just substract corresponding terms
Option B
No solution because you can’t even out both sides
X^2 = 1994
x= + - sqrt (1994)
Unfortunately, there is no integer that can suit x.
We know the compound interest formula is given by
Now, we have been given that 24,000 is invested for 2 years with an APR of 6% and daily compounding. Thus, we have
On substituting these values in the above formula for the compound interest, we get
Therefore, the balance in the account after 2 years is 27059.7