a tire company has $150,000 to invest for 1 year. find the future value if it earns a 2% per year compounded daily and 3% per year compounded daily. then find the difference of the two.

Compound Interest for Time Deposit Accounts Compounded Daily Number of Years 1% 2% 3% 4% Number of Years 5% 1 1 2 2 3 1.01005003 1.02020078 1.03045326 1.04080849 1.05126750 1.02020106 1.04080963 1.06183393 1.08328232 1.10516335 1.03045411 1.06183480 1.09417024 1.12748944 1.16182231 1.04081020 1.08328469 1.12749129 1.17350058 1.22138603 1.05127038 1.10516789 1.16182708 1.22138937 1.28400343 1.10516940 1.22139607 1.34984217 1.49179200 1.64866481 3 GA 4 5 5 10 10