document.write( "Question 230838: $1200 is compounded daily for 3.5 years at a rate of 8.5%. How much is in the account at the end of the term? (assume 360 days in a year)\r
\n" );
document.write( "\n" );
document.write( "thank you! \n" );
document.write( "
Algebra.Com's Answer #170962 by rfer(16322) ![]() You can put this solution on YOUR website! A=P(1+r/360)^360*3.5 \n" ); document.write( "A=1200(1.000236111)^1260 \n" ); document.write( "A=1200(1.34644) \n" ); document.write( "A=$1615.73 \n" ); document.write( " |