californiahoneydip californiahoneydip

19-06-2024
Mathematics

Answered

A bank offers an investment account with an annual interest rate of
1.16% compounded daily. Justin invests $4300 into the account for
2 years.Assume there are 365 days in each year. Assuming no withdrawals are made, how much money is in Justin's account after 2 years?

Answer :

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