document.write( "Question 1188820: The daily interest multiplier for a savings account paying 2% annual interest for
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document.write( "180 days is 1.010050. What compound amount will be in a savings account if
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document.write( "$5,000 is on deposit in the savings account for 180 days? \n" );
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Algebra.Com's Answer #820011 by ikleyn(52787)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Sorry, you incorrectly use the words and the terms in your post.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The number of 1.0100050 is not a daily interest multiplier in this problem.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It is half-a-year compounding interest multiplier.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "When the problem will come in correct form to the forum, you may expect to get a solution.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |