donaldduckers9339 donaldduckers9339

08-03-2018
Mathematics

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You deposit $1500 in an account that pays 7% annual interest. Find the balance after 2 years when the interest is compounded daily.

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xxsophia xxsophia

08-03-2018

1500*0.07 = 105
105*2=210

The answer is $210.

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