ymklay7550 ymklay7550
  • 02-03-2022
  • Business
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Carter invested $3,900 in an account paying an interest rate of 3. 9% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 5 years?

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ssandman123456
ssandman123456 ssandman123456
  • 02-03-2022

$822.18 is how much earned interest so add $3,900 and you get $4,722.18

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