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yanalaym [24]
3 years ago
15

Find the total amount of the investment after 10 years if ​$6,000 is invested at ​7.82% compounded daily.

Mathematics
2 answers:
dimaraw [331]3 years ago
7 0

Answer:

your future account value: $13,113.94

Step-by-step explanation:

stealth61 [152]3 years ago
6 0

Answer:

13113.94

Step-by-step explanation:

PV(1+\frac{i}{n})^{nt}\\\\6000(1+\frac{.0782}{365})^{10*365}\\\\6000(1.0002142)^{3650}\\6000*2.1856= 13113.94

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Answer:

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Step-by-step explanation:

<em><u>Given:</u></em>

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<em><u>Solve for:</u></em>

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<em><u>Solution:</u></em>

(1) Let's move all of components that do not contain x (our target) to the right side (notice the change of sign of c from negative to positive):

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(2) Let's divide both sides of equation by 4:

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(3) Now, we simplify the left side:

x = \frac{k + c}{4}

This is the solution.

Hope this helps!

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