Bentley invested $26,000 in an account paying an interest rate of 6.8% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest cent, would be in the account after 11 years?

The amount of money, to the nearest cent, that would be in the account after 11 years is $54,928.20.

Step-by-step explanation:

In this case we need to compute the future value,i.e. the amount Bentley would receive at the end of a certain time period.

The amount invested by Bentley is, PV = $26,000.

The interest rate is, r = 6.8% compounded daily.

The time time is, n = 11 years × 365 = 4015.

The formula to compute the future value is:

Compute the the future value as follows:

Thus, the amount of money, to the nearest cent, that would be in the account after 11 years is $54,928.20.

hey seth! : )

i’m not 100% sure, but i think it’s b

hope this ya : p

miss u!

- nicole

2nd one in the first row is correct