Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily.
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Janine opens a savings account with a deposit of $720. The account pays 1.4% interest, compounded daily. What is the first day’s interest? Round to the nearest cent.
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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