Question
Suppose that you deposit $700 today in an account paying 10% APR with daily compounding. What amount will be in your account 10 years
Suppose that you deposit $700 today in an account paying 10% APR with daily compounding. What amount will be in your account 10 years from now? Round your final answer to two decimals.
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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