savings account subject to compound interest at the given rate. Principal Rate Compounded Time $90,000 3.5% daily 15 years   A. Find how much money there will be in the account after the given number of years.   B. Find the interest earned.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
Principal
Rate
Compounded
Time
$90,000
3.5%
daily
15 years
 
A. Find how much money there will be in the account after the given number of years.
 
B. Find the interest earned.
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