Mathematics
Mathematics, 17.04.2021 08:30, mhh92

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. Principal: $40,000
Rate: 7.5%
Compounded: daily
Time: 10 years
Group of answer choices

amount in account: $82,441.26; interest earned: $42,441.26

amount in account: $84,673.73; interest earned: $44,673.73

amount in account: $84,673.39; interest earned: $44,673.39

amount in account: $43,115.03; interest earned: $3115.03

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:00, dswitz6604
Will give brainliest what is the value of x? enter your answer in the box.
Answers: 1
image
Mathematics, 21.06.2019 21:00, cwebb4383
The sum of the first eight terms of an arithmetic progression is 9m + 14. the fifth term of the06 progression is 2m - 6, where m is a constant. given that the first term of the progression is 26,find the value of the common difference, d and thevalue of m.
Answers: 1
image
Mathematics, 21.06.2019 21:30, lexiiiee
Solve -.016x= -16. need solving this
Answers: 2
image
Mathematics, 21.06.2019 23:30, itzia00
Solve for x and select the correct answer
Answers: 1
Do you know the correct answer?
The principal represents an amount of money deposited in a savings account subject to compound inter...

Questions in other subjects:

Konu
Mathematics, 16.07.2020 17:01