Asked by Leslie

$1450 was invested by Karla at 12% for 1 years compounded daily. How much did Karla have at the end of the investment?

Answers

Answered by Steve
1450(1+.12/365)^(365*1) = 1634.84

Some problems specify that we use 360 days per year. In that case, change the expression as needed.
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions