Question
Fowler Credit Bank is offering 6.3 percent compounded daily on its savings accounts. You deposit $4,700 today. How much will you have in the account
Fowler Credit Bank is offering 6.3 percent compounded daily on its savings accounts. You deposit $4,700 today. | ||
How much will you have in the account in 4 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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