Solved

After Selling a Bunch of Your Old "Junk" on E-Bay

Question 7

Short Answer

After selling a bunch of your old "junk" on e-bay, you have $500. You deposit the money into a savings account which offers an annual percentage rate of 6¾% compounded daily. What is the future value of the account after 3 years? Give your answer as a decimal rounded to the nearest hundredth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents