# SOLUTION: PLEASE can you answer this? if you start with a \$375,000 and accumulate interest compounded daily at a 5% annual interest rate how much would be owed after 12 years including the p

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 Click here to see ALL problems on Finance Question 312893: PLEASE can you answer this? if you start with a \$375,000 and accumulate interest compounded daily at a 5% annual interest rate how much would be owed after 12 years including the principal you started with? THANK YOU!!!Answer by checkley77(12569)   (Show Source): You can put this solution on YOUR website!375,000(1+.05/365)^12*365 375,000(1+.000136986)^4,380 375,000(1.000136986)^4,380 375,000*1.822=\$683,266.47 ans.