SOLUTION: Zachary invested $360 in an account paying an interest rate of 1.7% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, woul
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Question 1139154: Zachary invested $360 in an account paying an interest rate of 1.7% compounded daily. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 10 years?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
This would be 360(1+(0.017/365))^365*10
round at end
$426.71
$430 to nearest 10 dollars
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