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Tessa has recently inherited $5400 $ 5400 , which she wants to deposit into an IRA account. She has determined that her two best bets
Tessa has recently inherited $5400 $ 5400 , which she wants to deposit into an IRA account. She has determined that her two best bets are an account that compounds semi-annually at an annual rate of 5.2% 5.2 % (Account 1) and an account that compounds daily at an annual rate of 3.6% 3.6 % (Account 2). Step 2 of 2 : How much would Tessa's balance be from Account 1 over 5.7 5.7 years? Round to two decimal places. Answer How to enter your answer (opens in new window) Keypad Keyboard Shortcuts previous step answer $ $ Submit
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