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QUESTION
1. What does $100 grow to in 10 years at 4% compounded daily? 2. What does $235 grow to in 13 years at 3 1/4 % compounded daily?
1. What does $100 grow to in 10 years at 4% compounded daily? 2. What does $235 grow to in 13 years at 3 1/4 % compounded daily? 3. What does $1003 grow to in 3 years at 6 1/2 % compounded daily? 4. What does $50 grow to in 60 years at 4 3/4 % compounded daily? 5. What does $5 grow to in 200 years at 5 3/4 % compounded daily?6. What does $1000 grow to in 10 years at 15% compounded daily? How much does it grow to in 15 years? 20 years? 30 years?
1. What does $100 grow to in 10 years at 4% compounded daily? A = P( 1 + r/n )nt = 100 ( 1 + 0.04/365) 365*10 = $ 149.18 2. What does $235 grow to in 13 years at 3 1/4 % compounded daily? A = P( 1...