agusx040 agusx040

24-09-2020
Mathematics

contestada

What is the interest earned on $20,000 for five years, at an interest rate of 3% compounded daily?

Respuesta :

ShaliaMckay18 ShaliaMckay18

24-09-2020

Answer:

The final balance is $23,232.33.

The total compound interest is $3,232.33.

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