Solved

Suppose $2,300 Is Deposited in an Account for 6 Years $3,296.56\$ 3,296.56

Question 167

Multiple Choice

Suppose $2,300 is deposited in an account for 6 years paying 6% compounded daily. What is the future value of the account?


A) $3,296.56\$ 3,296.56
B) $2,30272\$ 2,302 \cdot 72
C) $2,327.76\$ 2,327.76
D) $3,309.77\$ 3,309.77
E) $3,313.08\$ 3,313.08

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions