Register

You invest an initial $2,000 in an account that has an annual interest rate of 6%, compounds daily. How much money will you have in the account after 15 years? Round to the near…

You invest an initial $2,000 in an account that has an annual interest rate of 6%, compounds daily. How much money will you have in the account after 15 years? Round to the near…
asked 230k views
3 votes
You invest an initial $2,000 in an account that has an annual interest rate of 6%, compounds daily. How much money will you have in the account after 15 years? Round to the nearest whole number.

asked
User Nghia Bui
by
8.8k points

1 Answer

3 votes
2000(1+0.06/360)^15*360=??
answered
User Noqrax
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!