Question
Finance 330. FV and PV of a Single Amount Non-Annually If you invest $13,725 today at an interest rate of 8.56 percent, compounded daily, how
Finance 330.FV and PV of a Single Amount Non-Annually
If you invest $13,725 today at an interest rate of 8.56 percent, compounded daily, how much money will you have in your savings account in 14 years?
Round the answer to two decimal places.
Please show work. My main issue is the correct formula to figure out the answer. Thank you very much for your help.
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Principles Of Finance
Authors: Besley, Scott Besley, Eugene F Brigham, Brigham
4th Edition
0324655886, 9780324655889
