Question
his set of problems is designed to be calculated using the Excel or financial calculator. You can also use algebraic formulas. Do not use financial
his set of problems is designed to be calculated using theExcel or financial calculator.You can also use algebraic formulas. Do not use financial tables to calculate these problems.
If you invest $29,061 today at an interest rate of 8.95 percent, compounded daily, how much money will you have in your savings account in 10 years?
Round the answer to two decimal places.
Your Answer:
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
