<PRE><B>Question 1129983</B>
Yesterday, 16,000 dollars was invested at an APR of 3.5% compounded daily. Write a numerical expression that would compute the value of the investment after 30 years.
 

Use the formula

A = P(1 + r/n)^(n)

A = 16,000(1 + 0.035/360)^(360)

Note: There are 360 months in 30 years. 

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