document.write( "Question 735486: p=8,000 at 6.5% compounded daily for 15 years. find future value of given principal p, and find the interest earned in the given period \n" ); document.write( "
Algebra.Com's Answer #449434 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! p=8,000 at 6.5% compounded daily for 15 years. find future value of given principal p, and find the interest earned in the given period\r \n" ); document.write( "\n" ); document.write( "---- \n" ); document.write( "A(15) = 8000(1+(0.065/365))^(365*15) \n" ); document.write( "----- \n" ); document.write( "A(15) = 8000(1.0001781)^(5475) \n" ); document.write( "---- \n" ); document.write( "A(15) = 8000*2.6512 \n" ); document.write( "---- \n" ); document.write( "A(15) = $21209.56 \n" ); document.write( "====================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "======================== \n" ); document.write( " |