3 years ago

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

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