Ask a New Question

What will $25 at 7% compiunded daily for 30 days equal?

1 answer

first we need .07/365 = .00019178

then amount = 25(1.00019178)^30 = $25.14

Ask a New Question or answer this question.

Similar Questions

Suppose the daily revenue of selling tacos is R(t)=100+10t where t represents the number of days from the beginning of the week
1. 1 answer
You decide you will buy a stock only if it shows an overall increase over the next 30 days. The first 10 days, it has an average
1. 1 answer
You decide you will buy a stock only if it shows an overall increase over the next 30 days. The first 10 days, it has an average
1. 1 answer
You decide you will buy a stock only if it shows an overall increase over the next 30 days. The first 10 days, it has an average
1. 1 answer

more similar questions