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2 answers:
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Answer:
<em>The current balance in the McQuire's account is $-605.11</em>
Step-by-step explanation:
Mr. McQuire deposited his paycheck for a total account balance of $712.34 on Friday.
The next morning, his wife wrote a check for $1,267.45
As, the total account balance is less than the amount of check, so the bank will charge a $50 overdraft fee.
That means, the total amount that will be deducted from his account
So, the current balance in the McQuire's account
Answer: The owner reaches at Rs. 56438.28 after 30 years.
Step-by-step explanation:
Since we have given that
Sum = Rs. 17000
Rate of compounded daily = 4%
Number of years = 30 years
So, Using "compound interest formula" we get that :
Hence, The owner reaches at Rs. 56438.28 after 30 years.