4) the math of interest. please indicate if you are unsure or totally sure about the answer On 2003-12-20 Tamara invests $31,647.00 in an account paying 8.285% continuously compounded. Using the ACT/ 365 daycount convention, what is the earliest day on which her balance exceeds $32,285.44?a.2004-03-14O b. 2004-03-13C.2004-03-17d. 2004-03-16e. 2004-03-18Certainty OC=1 (Unsure: <67%) OC=2 (Mid: >67%) OC=3 (Quite sure: >80%)

Given: Tammara invests $31647.00 on 20th December 2003. The interest rate is 8.285% compounded…

Answered: On 2003-12-20 Tamara invests $31,647.00…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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On 2003-12-20 Tamara invests $31,647.00 in an account paying 8.285% continuously compounded. Using the ACT / 365 daycount convention, what is the earliest day on which her balance exceeds $32,285.44? 2001 03 14