SOLUTION: I save £100. A bank account offers 5% interest per year. Given that interst is added daily, how much will I have after half a year? (Assume a year is 366 days).
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: I save £100. A bank account offers 5% interest per year. Given that interst is added daily, how much will I have after half a year? (Assume a year is 366 days).
Log On
Question 1173281: I save £100. A bank account offers 5% interest per year. Given that interst is added daily, how much will I have after half a year? (Assume a year is 366 days). Answer by ikleyn(52781) (Show Source):