MAT$1010101-10368202410($SPRING $2024)/$ Saving & Spending Money Practice PIODEIIS ving & Spending Money Practice Problems

How much interest is earned after $5$ years on a deposit of $$5000$ into an account paying $2\mathrm{.}3\%$ APR compounded daily?

Make sure to round appropriately and indicate that the amount is monetary.

Answer

MacBook Air

$$

F$4$

F$5$

F$6$

F$7$

F$8$

F$9$

$

$\%$

$5$