Business, 04.12.2019 02:31, twrxght6643
Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. how much would be in the account after 8 months, assuming each month has 30 days?
question 47 options:
$5,178.09
$5,436.99
$5,708.84
$5,994.28
$6,294.00
Answers: 3
years = 0.67 years
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Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360...
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