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Bucher Credit Bank is offering 4.7 percent compounded daily on its savings accounts. Assume that you deposit $4,500 today. Requirement 1: How much will you
Bucher Credit Bank is offering 4.7 percent compounded daily on its savings accounts. Assume that you deposit $4,500 today. Requirement 1: How much will you have in the account in five years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Use 365 days in a year. Round your answer to 2 decimal places (e.g., 32.16).) Future value Requirement 2: How much will you have in the account in 10 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Use 365 days in a year. Round your answer to 2 decimal places (e.g., 32.16).) Future value Requirement 3: How much will you have in the account in 20 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Use 365 days in a year. Round your answer to 2 decimal places (e.g., 32.16).) Future value
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