Using the table in your handbook, $6,000 for six years at 8½% compounded daily will grow to:
A) $8,991.02
B) $8,950.10
C) $9,991.20
D) $9,990.02
E) None of these
Correct Answer:
Verified
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A)Calculates interest periodically
B)Looks into the present when
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-Compound
A)Year
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