Answer:
B
Step-by-step explanation:
Combine like terms to write the expression in simplest form. 42? + 5y? 2² - 3y² 3y” — Бу
2 answers:
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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