azariah7
29.01.2020 •
Mathematics
Find the interest earned.
assume 3.5% interest compounded daily.
$42,000 deposited september 10 and withdrawn november 10
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Ответ:
30-10=20 days
October 31
November 10
Time=20+31+10=61 days
A=42,000×(1+0.035÷365)^(61)
A=42,246.38
Interest earned
I=42,246.38−42,000
I=246.38
Ответ:
I think that is 1/3
I am not good at math but i think that is the answer ;)
Good luck :)