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Wright invested $500 at 7% compounded daily for 6 years. What is the future value of his investment? Use the compounded daily table, 365-day basis.
Wright invested $500 at 7% compounded daily for 6 years. What is the future value of his investment? Use the compounded daily table, 365-day basis. Multiple choice question. $750.35 $760.95 $536.25Complete the following without using Table 12.1. Note: Round the "Total amount" and "Total interest" to the nearest cent.Calculate what $860 would grow to at 7% per year compounded daily for 6 years. (Use the Table 12.2.) Note: Round your final answer to the nearest cent
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