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AMOUNT PER $1.00 INVESTED AT 6% COMPOUNDED DAILY DayAmount Day Amount Day Amount 10 1.0016570 1.011571301.02160 20 1.0032980 1.013231401.02328 30 1.0049490 1.014901501.02496 40 1.006601001.016571601.02665 50 1.008251101.018251701.02834 60 1.009911201.019921801.03002 You opened a savings account with a deposit of $700 at 6% interest compounded daily. What was the amount in the account after 20 days if you made no other deposits or withdrawals?

AMOUNT PER $1.00 INVESTED AT 6% COMPOUNDED DAILY DayAmount Day Amount Day Amount 10 1.0016570 1.011571301.02160 20 1.0032980 1.013231401.02328 30 1.0049490 1.014901501.02496 40 1.006601001.016571601.02665 50 1.008251101.018251701.02834 60 1.009911201.019921801.03002 You opened a savings account with a deposit of $700 at 6% interest compounded daily. What was the amount in the account after 20 days if you made no other deposits or withdrawals?

Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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AMOUNT PER $1.00 INVESTED AT 6% COMPOUNDED DAILY DayAmount Day Amount Day Amount 10 1.0016570 1.011571301.02160 20 1.0032980 1.013231401.02328 30 1.0049490 1.014901501.02496 40 1.006601001.016571601.02665 50 1.008251101.018251701.02834 60 1.009911201.019921801.03002 You opened a savings account with a deposit of $700 at 6% interest compounded daily. What was the amount in the account after 20 days if you made no other deposits or withdrawals?
Transcribed Image Text:AMOUNT PER $1.00 INVESTED AT 6% COMPOUNDED DAILY DayAmount Day Amount Day Amount 10 1.0016570 1.011571301.02160 20 1.0032980 1.013231401.02328 30 1.0049490 1.014901501.02496 40 1.006601001.016571601.02665 50 1.008251101.018251701.02834 60 1.009911201.019921801.03002 You opened a savings account with a deposit of $700 at 6% interest compounded daily. What was the amount in the account after 20 days if you made no other deposits or withdrawals?
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