Rebecca opened a savings account on March 20 with a $5,200 deposit. The account pays 3.99% interest,
Question:
Rebecca opened a savings account on March 20 with a $5,200 deposit. The account pays 3.99% interest, compounded daily. On March 21 she made a $700 deposit, and on March 22 she made a $500 withdrawal. Use this information to find the missing amounts. Round to the nearest cent. 
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Here is a table showing the calculations for each day Date Opening Balance Deposit Withdrawal Princi...View the full answer
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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