document.write( "Question 1061221: Hi! Thank you so much for your help. I would like to know how you get this answer, so if you could provide the steps you got to get the answer in addition to the answer, that would be most helpful. Thank you so much!\r
\n" ); document.write( "\n" ); document.write( "You invest an initial $4,500 in an account that has an annual interest rate of 4.5%, compounded daily. How much money will you have in the account after 10 years? Round your answer to the nearest whole number.
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Algebra.Com's Answer #676072 by jorel555(1290)\"\" \"About 
You can put this solution on YOUR website!
The answer would be: 4500 x (1+.045/365)^(365x10)
\n" ); document.write( "=4500 x 1.56826868512, or $7057.20908303. ☺☺☺☺
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