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March 30, 2017

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Find the amount of compound interest earned in an account that opens with $27,000, earns 4.6% interest compounded daily, and is held for 25 years. Assume 360 days in a year. (Round your answer to the nearest cent.)
I came up with $85,264.94 is this correct if not I need help!!!

  • ALGEBRA - ,

    correct.

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