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A walk through on excel or a calculator would be greatly appreciated! Bucher Credit Bank is offering 6 percent compounded daily on its savings accounts.
A walk through on excel or a calculator would be greatly appreciated!
Bucher Credit Bank is offering 6 percent compounded daily on its savings accounts. Assume that you deposit $5,700 today. How much will you have in the account in 3 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Future value How much will you have in the account in 6 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Future value $ How much will you have in the account in 12 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.) Future valueStep by Step Solution
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