Janine opens a savings account with a deposit of $850. The account pays 1.75% interest, compounded daily. What is the first day's interest? Round to the nearest cent.

Janine opens a savings account with a deposit of $850. The account pays 1.75% interest, compounded daily. What is the first day's interest? Round to the nearest cent.

asked Jan 4, 2021 225k views

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