Find the balance in an account if $4600 is invested at annual rate 6% for 3 years compounded daily.

Anonymous
timer Asked: Jun 11th, 2018
account_balance_wallet $5

Question description

Find the balance in an account if $4600 is invested at annual rate 6% for 3 years compounded daily. A. $4,602.27 B. $5,428 C. $5,478.67 D. $5,507.12

Tutor Answer

Borys_S
School: UC Berkeley

The answer is D, the solution is in the attached file (the third question).

1. One day’s high temperature in Phoenix, Arizona, was recorded as 104°F. Write 104°F as
degrees Celsius. Use the formula.

A. 40°C B. 14.2°C C. 162°C D. 1...

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Anonymous
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