# SOLUTION: Suppose that \$2500 is invested in an account with an APR of 8.5% compounded daily. Find the future value of the account in 2 years. Assume there are no leap years.

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 Algebra in Finance Solvers Lessons Answers archive Quiz In Depth

 Question 608631: Suppose that \$2500 is invested in an account with an APR of 8.5% compounded daily. Find the future value of the account in 2 years. Assume there are no leap years.Answer by ankor@dixie-net.com(15649)   (Show Source): You can put this solution on YOUR website!Suppose that \$2500 is invested in an account with an APR of 8.5% compounded daily. Find the future value of the account in 2 years. Assume there are no leap years. : A = 2500*(1+)^(2*365) A = \$2963.20