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On April 10 Brenda Agoyo deposited $2,125.36 in a savings account that pays 5.5% interest compounded daily. How much interest will the money earn in 31 days.

On April 10 Brenda Agoyo deposited $2,125.36 in a savings account that pays 5.5% interest compounded daily. How much interest will the money earn in 31 days.
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On April 10 Brenda Agoyo deposited $2,125.36 in a savings account that pays 5.5% interest compounded daily. How much interest will the money earn in 31 days.

asked
User Montuno
by
7.4k points

1 Answer

3 votes

Answer:

Explanation:

In 5 years, you'll have $9,688

answered
User Wilbev
by
8.3k points
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