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An investment of $2,400 earns interest at the rate of 2.8% and is compounded daily. What is the accumulated value of the investment at the end of 6 years?

An investment of $2,400 earns interest at the rate of 2.8% and is compounded daily. What is the accumulated value of the investment at the end of 6 years?
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An investment of $2,400 earns interest at the rate of 2.8% and is compounded daily. What is the accumulated value of the investment at the end of 6 years?

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User Carlos Paulino
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The answer is 2839.02
An investment of $2,400 earns interest at the rate of 2.8% and is compounded daily-example-1
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User TChadwick
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