Help please? I feel like I'm doing this correctly, but making a minor mistake somewhere? Steven wants to save $59,000 for a down payment on a home. How much will he need to invest in an account with 6.7% APR, compounding daily, in order to reach his goal in 10 years?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 66SE: Kyoko has 10,000 that she wants to invest. Her bankhas several investment accounts tochoose from,...
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Help please? I feel like I'm doing this correctly, but making a minor mistake somewhere?

Steven wants to save $59,000 for a down payment on a home. How much will he need to invest in an account with 6.7% APR, compounding daily, in order to reach his goal in 10 years?

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