Monday

October 20, 2014

October 20, 2014

Posted by **roger** on Thursday, December 8, 2011 at 4:43pm.

- math -
**Henry**, Saturday, December 10, 2011 at 6:56pmPt = Po(1+r)^n.

r = (1.7%/360) / 100% = 0.0000472 = Daily % rate expressed as a decimal.

n = 1 comp./day * 180 days = 180 comp.

periods.

Pt = 4800(1.0000472)^180 = $4840.41.

**Answer this Question**

**Related Questions**

Math - I posted before, But I did not understand the link I was give...Please ...

compounded continously - Wnat to have $60,000 in an account after 40 years. How ...

math - what would $5000 compounded daily at 1.5% be after 1 year

math - If $7,800 is depostied into an account paying 6% interest compounded ...

Child Development - SIDS is most common in infants ages:A.birth-6months. B.2-...

Compound math - (Future Value) Suppose you invest $8000 into an account that ...

math - If $7,800 is deposited into an account paying 6% interest compounded ...

math - If $7,800 is deposited into an account paying 6% interest compounded ...

math - If you invested a penny on Jan 1,1776 at 10% interest compounded daily, ...

math - If an annuity was set up for semiannual payments at the beginning of each...