Financial management
posted by Michelle .
what is the principle investment ? you have $1728.34 compounded daily at 3.4% and its invested for 9 years

The original principle is 1728.34, but it increases daily.
Respond to this Question
Similar Questions

math
The Investment Problem. Suppose that Rod invests $1,000 at 6% compounded daily and Sheila invests $1,000 at 7% (per year) simple interest. In how many years will Rod’s investment be worth more than Sheila’s investment? 
College Algebra
Investment A: $5,000 invested for 7 years compounded semiannually at 9%. Investment B: $ 6,000 invested for 5 years compounded quarterly at 4.1%. Find each total for each investment and determine which investment results are greater. 
math
Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? 
Math
Can someone please double check my answers. 1. What pattern does the logarithmic function exhibit? 
math
RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find … 
math
RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find … 
math
RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find … 
math
RM65000 will be invested for 6 years 9 months. if the investment will be offered 5% compounded semi annualy for the first 2 years, 6% compounded monthly for the next 18 months and 7% compounded daily for the rest of the period ,find … 
Math Compounded daily
$1450 was invested by Karla at 12% for 1 years compounded daily. How much did Karla have at the end of the investment? 
math
You invest $1,000 at 4% compounded daily. Two years later you take the balance and place it into an account earning 4.5% compounded daily. Determine the value of your account three years after the 2nd investment.