Miroslava has $100,000 to invest in a saving account. She receives a steady interest rate of 3.75% compunded daily. She would like to save for the next 15 years and then take her money out. What would be her balace at the end of the 15 years? $256,250.40 $175,500.40 $156,250.40 $56,250.40

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Miroslava has $100,000 to invest in a saving account. She receives a steady interest rate of 3.75% compunded daily. She would like to save for the next 15 years and then take her money out. What would be her balace at the end of the 15 years?

$256,250.40
$175,500.40
$156,250.40
$56,250.40

 

 
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