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Mathematics, 11.03.2021 20:40 shakira11harvey6
If the formula for the balance after "t" years earning compound interest
is B = P(1 + r/n)“nt and you deposit $1000 earning 5%, compounded daily,
on Jan 1st 2018, what will be your balance after 4 years?
$221.38
$1201.38
$1221.38
201.38
None of the above
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Answers: 2
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If the formula for the balance after "t" years earning compound interest
is B = P(1 + r/n)“nt and y...
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