If $2500 is invested at an interest rate of 2.5% per year, compounded daily find the value of the investment after 3 years.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter10: Exponential And Logarithmic Functions
Section10.2: Applications Of Exponential Functions
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If $2500 is invested at an interest rate of 2.5% per year, compounded daily find the value of the
investment after 3 years.
Transcribed Image Text:If $2500 is invested at an interest rate of 2.5% per year, compounded daily find the value of the investment after 3 years.
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