document.write( "Question 369543: What is the interest on $6,500.00 at 4% compounded daily for 7 months? \n" ); document.write( "

Algebra.Com's Answer #263377 by Fombitz(32388) $\"\"$ $\"About$

You can put this solution on YOUR website!
Assume 30 days in one month.
\n" ); document.write( "360 days in one year.
\n" ); document.write( " $\"n=7%2830%29=210\"$
\n" ); document.write( " $\"i=0.04%2F360=1%2F9000\"$
\n" ); document.write( " $\"F=6500%281%2B1%2F9000%29%5E%28210%29\"$
\n" ); document.write( " $\"F=6500%281.023606%29\"$
\n" ); document.write( " $\"highlight_green%28F=6653.44%29\"$ \n" ); document.write( "

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