Part 2 My daughter wants to save some money. She is going to put $100 into the bank for one-year. The bank is offering an annual interest rate of 2.5%, compounded daily (assume 365 days per year). At the end of one year, how much money will my daughter have in the bank?

Present Value (PV) =

Future Value (FV) =

Balance Payment (PMT) =

Payments or periods per yr (P/YR) =

Annual Interest Rate (RATE) =

Number of periods (NPER) =