After several sleepless nights of on-line poker you've made $4000. You deposit the money into a brand new savings account which offers an annual percentage rate of 5¾% compounded daily. How much will you have in the account after five years? Give your answer as a decimal rounded to the nearest hundredth.
A) $5026.85
B) $5332.24
C) $5475.43
D) $6117.92
E) None of the above.

Question

After several sleepless nights of on-line poker you've made $4000. You deposit the money into a brand new savings account which offers an annual percentage rate of 5¾% compounded daily. How much will you have in the account after five years? Give your answer as a decimal rounded to the nearest hundredth. 
A) $5026.85
B) $5332.24
C) $5475.43
D) $6117.92
E) None of the above.

Quizplus · Accepted Answer

The Answer of After several sleepless nights of on-line poker you've made $4000. You deposit the money into a brand new savings account which offers an annual percentage rate of 5¾% compounded daily. How much will you have in the account after five years? Give your answer as a decimal rounded to the nearest hundredth. 
A) $5026.85
B) $5332.24
C) $5475.43
D) $6117.92
E) None of the above.

After Several Sleepless Nights of On-Line Poker You've Made $4000