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Your bank account pays a nominal interest rate of 6%, compounded daily. Your plan is to deposit $500 in the account today, and deposit $1,000

Your bank account pays a nominal interest rate of 6%, compounded daily. Your plan is to deposit $500 in the account today, and deposit $1,000 in the account at the end of each of the next three years. How much will you have in the account at the end of three years, after making your final deposit? (Hint: The cash flow streams and the interest rate compounded are different. Thus, EAR: Effective Annual Rate should be used)

I know i need to solve for the Future Value, but i dont know how the I

Pv=500

fv= ?

pmt=-1000

n= 3 *365

I= not sure i think it has to do with the [1+6%/365]-1

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