asked 58.0k views
2 votes
If $2500 is invested at an interest rate of 2.5% per year, compouded daily, find the value of the inevestment after 2 years

asked
User Dragoweb
by
8.6k points

1 Answer

1 vote
F=p(1+i/k)^kt»2500(1+2.5%/360)^720=??
answered
User Rob Allsopp
by
7.9k points
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