The Kellys are saving up to go on a family vacation in 2 years. They invest $3200 into an account with an annual interest rate of 1.13% compounded daily.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the
list of financial formulas. Assume there are 365 days in each year.

$3,273.14

Step-by-step explanation:

-We first calculate the effective interest rate of 1.13% compounded daily:

#Now, we calculate the compounded amount after 2 years using this rate:

Hence, the compounded amount after 2 years is $3,273.14

$32,660

step-by-step explanation:

d

step-by-step explanation:

the 2000 florida legislature amended section 322.05, florida statutes, changing the requirements to obtain a class e license for a driver under the age of 18 holding a learner's license. the following requirements must be met in order to obtain a regular class e license if a learner's license is issued on or after october 1, 2000:

must hold a learner's license for at least 12 months or until the 18th birthday.

must have no convictions 12 months from the issue date of the learner's license.

may have one traffic conviction within 12 months from the issue date of the learner's license if adjudication is withheld.

a parent, legal guardian, or responsible adult over 21 years old must certify that the driver has 50 hours driving experience, including 10 hours of night time driving.