jbr061161 jbr061161
  • 18-10-2020
  • Mathematics
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PLZ HELP !!
Max deposited $1,300 into an account that pays 4.5% interest, compounded daily. At end of six years he has a balance of ?

PLZ HELP Max deposited 1300 into an account that pays 45 interest compounded daily At end of six years he has a balance of class=

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Anqe1ina
Anqe1ina Anqe1ina
  • 18-10-2020

Answer:

The final balance is $1,692.94.

The total compound interest is $392.94.

Step-by-step explanation:

1,300 x 0.045=___ x 6

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