The expression 50(1.07)x can be used to calculate the amount of money in an account after x years. A year has 365 days.
What is the best approximation of the daily interest rate?

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stef76

09.07.2020

Mathematics

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The expression 50(1.07)x can be used to calculate the amount of money in an account after x years. A year has 365 days. What is the best approximation of the daily interest rate?