Posted by **Cliff** on Monday, October 24, 2011 at 7:49am.

To save for a child's education,the petersen's deposited $2500 into an account that pays 6% annual interest compounded daily. Find the amount of interest earned on this account over a 20-year period.

## Answer this Question

## Related Questions

- math - Good day to you. How can I approach this math problem. "To save for a ...
- Algebra - Show how you substitute the values into the formula, then use your ...
- Lat math question for some days. Can y'all help? - Huan deposited $850 into a ...
- math - Huan deposited $850 into a collegesavings account earning 4.8% ...
- MATH HELP! Complex Interest - Huan deposited $850 into a collegesavings account ...
- math - Suppose that $200 was deposited on 1st Jan 2000 into an account that ...
- math - Hello, I'm having a hard time fingering our this question. Not really ...
- algebra - A total of $6200 is deposited into two simple interest accounts. On ...
- Calc - A person deposits money into a retirement account, which pays 7% interest...
- math - Samantha opened a savings account and deposited some money into the ...

More Related Questions