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liddopiink1
11.07.2019 •
Mathematics
Write an equation that would you calculate the future value of a savings account that pays 5.2% interest compounded daily if the present value is $10,000. you will keep the savings account for 20 years and make no payments into it.
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Ответ:
Step-by-step explanation:
The compound amount formula is A = P(1 + r/n)^(n*t), where n is the number of times interest is compounded per year and t is the number of years.
We could let n = 365 (since there are 365 days in each year). Then,
A = P(1 + r/365)^(365*t).
Then, in this case, A = $10,000(1 + 0.052/365)^(365*20), or
A = $10,000(1 + 0.000142)^7300, or
A = $10,000(2.829)
A = $28,290.07
Ответ:
the answer is blurry
Step-by-step explanation:
i cant not see what the promblem is im nlind but the answet is 282882