document.write( "Question 607431: Hi there. I'm lost with this math problem.\r
\n" ); document.write( "\n" ); document.write( "Calculate the future value of each amount deposited into a daily savings plan. $40,000 at 6.4% per year for 6 weeks.
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Algebra.Com's Answer #382701 by ankor@dixie-net.com(22740)\"\" \"About 
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Calculate the future value of each amount deposited into a daily savings plan. $40,000 at 6.4% per year for 6 weeks.
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\n" ); document.write( "I assume this means it is compounded daily, change 6 weeks to 42 days:
\n" ); document.write( "A = 40000*(1 + \".064%2F365\")^42
\n" ); document.write( "Run this thru your calc, I got $40,295.64
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