Question: Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. 24) $3000 deposit at
Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. 24) $3000 deposit at an APR of 2% with daily compounding for 6 years
A) $3010.02 B) $3382.49 C) $360.00 D) $2813.15
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