Posted by Jamie on Thursday, November 8, 2012 at 2:04pm.
Determine when, to the nearest year, $3,000 invested at 5% per year, compounded daily, will be worth $10,000.

Business Calc  Steve, Thursday, November 8, 2012 at 2:29pm
10000 = 3000(1 + .05/365)^(365x)
x = 24.08
or, 24 years